2-storey building to be renovated with a beautiful view of the River Arade located right in the heart of the city next to the charming riverside area and close to all services and traditional commerce, which benefits walking. It consists of 2 rooms on the ground floor for services and commerce and on the 1st floor for 5 rooms for housing. The property is sold as it currently stands. It has a lot of potential for housing or for monetization. There is the possibility of remodeling and transforming the same according to a previous study of existing architecture: Ground floor with garage, a patio, a room with bathroom and laundry. First floor and second floor each with two bedrooms with private bathroom and an office, third floor for the living room and an open space style kitchen and penthouse with a large terrace with swimming pool. It is south facing, has an excellent sun exposure. Property with a lot of potential and due to its excellent location it is ideal for permanent housing or to monetize. It is located next to Manuel Teixeira Gomes Square, a place well known as ’Casa Inglesa’ and to the Riverside Zone of Portimão, a long promenade along the banks of the Arade river that goes from the famous grilled sardine restaurants to the Portimão Museum, next to the marina, where one of the great canning factories in the region once operated. In its surrounding area we can find a huge range of infrastructures such as cafes with pleasant terraces, restaurants, supermarkets, pharmacies, health services, banks, post office and other infrastructures. In the surroundings you will find the health center, municipal market, several educational establishments and shopping centers. It is just 2.5 km from the famous Praia da Rocha, one of the most beautiful beaches in the region known for its natural beauty where you can enjoy a wide range of leisure activities, 6 km from the charming fishing village of Alvor, 4.6 km from the golf course and 67.7 km from Faro airport. Estas son fotografías modelo y son meramente indicativas y pueden estar sujetas a cambios. #ref:CAS_49419