Algarve, Portimão, Portugal
- BEDROOMS
12
- BATHROOMS
6
- SIZE
10,721 sq ft
996 sq m
Key features
- 12 Bedroom
- Surface 996m2
Description
Exclusive Historic Building in the Heart of Portimão
This residential building combines a central location, generous dimensions, and outstanding appreciation potential, making it ideal for a residential project, boutique hotel, local accommodation, or multifamily investment.
With 996 sqm of gross construction area, the property preserves the charm of traditional Portuguese architecture while offering a solid structure ready for complete renovation.
Property Highlights:
• Building with strong appreciation potential
• Prime location in the center of Portimão
• Just minutes from the Riverside Area and Praia da Rocha
• Multiple rooms with flexible layout possibilities
• Excellent sun exposure
• North/South orientation providing natural light throughout the day
• Ideal for tourism or residential investment
• Excellent accessibility and close to all services
• Potential for a boutique hostel, co-living concept, or premium apartments
Built before 1951, this property offers authentic Algarve character and the opportunity to create a distinctive project in one of the most sought-after cities in southern Portugal.
Prime Location:
• Historic Center of Portimão
• Aqua Portimão Shopping Center – 5 minutes
• Municipal Market – 5 minutes
• Portimão Marina – 10 minutes
• Algarve Beaches – 10 minutes
• Restaurants and services – 10 minutes
• A22 Motorway – 10 minutes
• Faro Airport – 50 minutes
The growing national and international demand for the Algarve makes this property a unique opportunity for investors seeking location, scale, and strong return potential.
Discover a unique project in a prime location.
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Algarve, Portimão, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)32.9 miles
Advice on buying Portuguese property
Learn everything you need to know to successfully find and buy a property in Portugal.
Notes
This is a property advertisement provided and maintained by Piquet Realty, Algarve (reference 30208462-13814) 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.