This property is an excellent investment opportunity in a very central and accessible area of Portimão.
Located in a residential area, with easy access to a wide range of services, all types of commerce and restaurants, schools and hospital, this town house presents itself as a valuable acquisition, ready for a well-deserved renovation, and with the possibility of great monetisation, not only for its configuration but also for its generous areas and dimensions.
The property has about 429 m2 of construction, distributed over 4 floors, on a plot with 270 m2, which allows a large patio at the rear. The property is organised as two T3 flats, one on the ground floor and one on the first floor, a basement with garage on the -1 floor and a terrace on the top floor.
The flats have an independent entrance, each with three bedrooms, two full bathrooms, a kitchen and a living room. In the basement, we also find a garage for your car, two bedrooms, a bathroom and a kitchen, with direct access to the garden.
On the top floor, we have access to a terrace, with wide views over the city of Portimão and 3 storage rooms.
All floors give access to the garden at the rear, either by direct access or by the exterior stairs that connect all floors of the house.
This villa offers good areas, good natural lighting, excellent location and needs careful renovation, but still represents a valuable investment in an area in constant appreciation.
Undoubtedly a unique opportunity.
Portimão is the largest city in the Western Algarve with around 60,000 inhabitants and was once a place where boat building, sardine fishing and fish processing were the city main activities. However, over the passing of the year’s most of this industry has been replaced by tourism, entertainment and services, making it a large residential city, in perfect harmony with its historic pedestrian center and riverside areas. This evolution has transformed the city into an attractive place to shop and admire its history and proximity to the river and the sea. The old and busy fishing docks have also been transformed into a long sidewalk integrated with the wooded squares of the old city where there is no lack of cafés, bars and restaurants to enjoy the excellent gastronomy and traditional pastries, with a clear view.
Just 7 minutes from the city center is the iconic Praia da Rocha with its vast beach, crystal clear water and majestic cliffs that extend to the beaches of Amado and Vau. Complementing this postcard are numerous restaurants and beach bars and a nightlife that attract thousands of tourists and curious people every year.
Its hub with public transport to various destinations in Portugal and Spain make this city a must-see for travelers and the surrounding population.
At a short distance you can also visit the fishing villages of Alvor, Ferragudo and Carvoeiro, the spas of Monchique, Lagos (the city of the discoveries) and also Sagres (the most western point of Europe). Faro airport is only 45 minutes away. Lisbon and Seville are roughly the same distance from Portimão (2H30).