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Well located urban plot of land with ruin

House, Buy | Portugal, Algarve, Portimao, Portimão
Asking price-Icon
98,500 EUR
Approx. 119,740 USD
Asking price
Bedrooms-Icon
3
Bedrooms
Bathrooms-Icon
3
Bathrooms
Total Surface Area-Icon
2,045.14 sqft
Total Surface Area
Lot Size-Icon
4,736.12 sqft
Lot Size
Asking price-Icon
98,500 EUR
Approx. 119,740 USD
Asking price

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What you should know about this house


Amenities and special features of this house

Plot of land, well located in Portimão, in the historic urban network, with 440m2 and project for 190m2 of housing, divided by 3 apart. in a total of 3 floors above ground. The ground floor would be destined for the entrance to the enormous interior garden, as well as for private parking (4 places). 3D model available at the end of the images of this presentation.
As the 2020 photos show, of the old building only part of the main façade remains, which resists up to the level of the 1st floor, after the collapse of the rest of the existing structure. It is possible to realise that the entrance to the building would be made by no. 53, being no. 51 a garage gate. It is a single urban matrix article. Instead of an Energy Certificate, there is in this case a Declaration of Ruin, attributed to the site in 2018 by an ADENE Technician.

This Lot will preferably be sold together with the so-called "Palácio", a construction from the 1900's with which this Lot is contiguous, located at Rua Infante D. Henrique, n.º 126 to 120, seen in this WebSite as W-02JJ2E. The inclusion of this plot in the "Palácio" will allow its buyer to add a privileged solution in a city environment, of a vast and unique interior garden and also the possibility of private parking, which will give a very considerable added value to the architectural solution of 5 apartments designed for the "Palácio".

In accordance with the Legal Regime of Urban Rehabilitation, in force since Dec/2009, C. M. Portimão has outlined its Rehab. Strategy for 2014-2029, an area in which this Lot is included. There are several benefits for the properties located in ARU that are the target of an urban rehab. work - see the Municipal Site.

The interested buyer will be offered all the architectural studies already carried out to date and will be given access to its Architect, designer and author, in order to speed up the administrative procedures, namely to obtain the respective Building Permit.


Virtual tour through this property

Discover your future property in advance by going on a video tour. Be inspired!

Portimão: Location and surroundings of this property

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).


Contact your personal advisor
Engel & Völkers Portimao
  • Soho Algarve, Lda.
  • License partner of Engel & Völkers Residential GmbH
  • Nuno Fernandes
  • Praça Visconde Bivar
  • 8500-544 Portimao
  • Phone: +351 282 071 131
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