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Building, City Centre, Rio 350 m from beach, 2.8 km
Faro-Portimão-Portimão
Ref: 85506834
€650.000
Old character building with great potential for complete reconstruction in the heart of Portimão on Comerciante Street, close to shops, city services and parking. The building requires extensive renovation.
The three‑storey structure comprises a ground floor, first and second floors, with a gross area of 940 m² suitable for rehabilitation within the ARU (Urban Rehabilitation Area). To fully realise its potential, plans have been drafted outlining possible uses in this central location:
Ground floor: Duplex T3 – 128 m²; Duplex T2 – 97 m²; Duplex T2 – 100.8 m²
First floor: T1 – 52.5 m²; T1 – 54.5 m²; T1 – 70 m²
Second floor: T2 – 107.5 m²
The building’s usable/living area is 610 m², with a gross area of 940 m².
This presents an excellent investment opportunity.
Specifics: Energy certificate exempt; built in 1951.
610
Area
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