In the center of the city of Portimão, Algarve, is an old palace undergoing renovation. This three-story property of historical significance has unique characteristics that give it a high level of interest, such as the lofty ceilings, which give it a larger dimension. It is a three-story structure that can be renovated in numerous methods. Not only does it have the potential to become an opulent residence in the heart of the city, but it is also an excellent investment opportunity. The property is in a prime location, close to a variety of amenities and services, retail districts, as well as the riverside, and is only forty minutes from Faro International Airport. CHARACTERISTICS: Area: 818 m2 | 8 805 sq ft Useful area: 818 m2 | 8 805 sq ft Building Area: 818 m2 | 8 805 sq ft Bedrooms: 1 Energy efficiency: Free FEATURES: Palacete for reconstruction Internationally awarded, LUXIMOS Christie’s presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie’s is the exclusive affiliate of Christie´s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063 #ref:2LS00010
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