Urban Building for Recovery | High Investment Potential | Downtown Portimão
720.000 €
Grundfläsche 525 m²
Unique opportunity in the heart of Portimão, ideal for investors or developers looking for a versatile project, with enormous potential for appreciation, in a central and strategic location. Urban building of 3 floors intended for housing, with works already started, originally designed for the creation of a Guesthouse with 11 suites, with several essential infrastructures already executed, which represents a significant saving in time and construction costs. Prime location Central area of Portimão, between the mainland, the Tennis Club and the Police, just a 2-minute walk from the riverside area, with easy access to shops, services, restaurants and transport. State and Infrastructures Already Executed: Pre-installation of air conditioning Smoke detection system Electrical infrastructure completed Works started with a focus on tourist accommodation Documentation mentions the existence of a swimming pool Current Project (with possibility of adaptation): Floor -1: Kitchen with pantry - 30 m² Games room - 17 m² Living room - 20 m² Library - 10 m² Ground Floor: 3 bedrooms en suite (between 18 m² and 23 m²) 1 office en suite with 13 m² Independent access 1st Floor: 5 en-suite bedrooms, between 15 m² and 17 m² Top Floor: Terrace measuring 96 m², ideal for a leisure area, solarium or social area with open views Garage: Garage with more than 80 m² Two independent inputs High potential for parking, technical areas or project-specific retrofitting Potential Use: Guesthouse / Boutique Hotel Student Rentals Local accommodation Multi-family residence Final Highlight: Rare property on the market, by the combination of: Central location Project already started Technical infrastructures implemented Great flexibility of use High potential for profitability A unique opportunity for those looking for a differentiating project in one of the most sought-after areas of Portimão. Contact us for more information or schedule your visit. REF: CAS_358 #ref:EDI_361