Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property

Algarve, Portimão, Portugal

£4,995,600
€5,750,000
Palm Properties, Carvoeiro
PROPERTY TYPE

Land

SIZE

74,658 sq ft

6,936 sq m

Key features

  • Total area: 6936 sqm
  • House area: 10000 sqm

Description

Exceptional Residential Project | Historic Sardine Factory | Riverside area, Portimão

This rare and exclusive investment opportunity in Portimão is now available for the conversion of a former sardine factory into a landmark residential project. Benefiting from a prime location with excellent access, this property offers a very generous construction capacity of around 10.000 m², as defined by the Municipal Master Plan (PDM), making it ideal for the development of a large-scale residential or mixed-use scheme.

With a total plot size of 6.936 m², the project has potential for the creation of around 80 apartments, responding to the strong and growing demand for housing in the city. Its urban setting, combined with close proximity to services, retail, residential areas, and tourist attractions, enhances its high appreciation potential.

On the market for € 5.750.000, this is a unique opportunity for real estate investors and developers seeking a strategic asset with solid demand and an excellent return potential.

Contact us today for further information and full project details.
REF: L30096

Algarve, Portimão, Portugal

Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    32.8 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Palm Properties, Carvoeiro

EN124 Poço Partido (300 m. from Intermarché Carvoeiro, right hand side in direction of Carvoeiro) 8400-557

Welcome to Palm Properties

Palm Properties is an IMOPPI registered Real Estate Company, established in 2003 to satisfy the demand for a first-class yet straight-talking property trading business.

Located in the picturesque fishermen's village of Carvoeiro - Algarve - Portugal, a highly sought-after destination for tourists, investors, and property seekers alike, Palm Properties specialise in unique and outstanding properties throughout the Carvoeiro region, offering an extensive selection of future homes or investments to suit all tastes, needs and budgets.

Whilst Carvoeiro offers the best of the Algarve on you doostep - beautiful beaches, age-old traditions, excelent cuisine, colourful nightlife, and supreme golf courses - Palm Properties offer some of the region's most extraordinary properties in equally extraordinary locations.

With a refreshing attitude towards Real Estate trading, the company offer a clean and ethical, no-strings-attached and no hidden extras service, being one of the most time and cost effective available, and always putting their clients first.

The multi-lingual team consists of highly qualified and experienced individuals, who strive to excel in all areas, all of successful backgrounds and all being privileged with a profound insight of the region and business in which they operate. The Palm Properties office itself reflects the company's ever-rising standards of good-taste, organisation and presentation.

Why not visit the comfortable premises and discoverfirst-hand what Palm Properties can do for you, your property, and your future. Situated just a 100 meters from the beach. Open Monday to Friday, 09h30 to 17h30, Saturday 09h30 to 13h30, and Sunday by appointment.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Palm Properties, Carvoeiro (reference 205085_L30096) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

Email agent

Email agent