M11 House to Rehabilitate with Potential for Hostel in the Center of Portimão

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-12%
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  • Property typeVilla / House >T9
  • Sale (820.000) € 720.000
  • Area350 m² | 525 m²
  • StatusUsed
  • Construction1977
  • CountyFaro
  • TownPortimão
  • Parish
    Portimão
  • LocationCentro
  • REFVP-VIV-7188
11
6
350 m²
525 m²
-1
-
E
 

Description

Located in the centre of Portimão, this villa with 525sqm of gross area and 350sqm of useful area, inserted in a plot of 488sqm, represents a unique investment opportunity. Composed of a total of 11 rooms, the property offers plenty of space for a complete renovation, with enormous potential to become a hostel or a local tourist residence.

The villa is to be rehabilitated, with rough walls, but already equipped with all the electricity, plumbing and pre-installation of air conditioning. It also has a garage for two cars, balconies and an outdoor area with space for swimming pool construction.
Its privileged location, near the riverside area of the Arade River, just 2.5 km from the beach, ensures quick and easy access to all areas of the city. In the immediate vicinity there is the police, library, sports hall, tennis court, auditorium and hypermarkets.

Unique opportunity in the center of Portimão - ideal for rehabilitation or tourist investment

REFª VIV-7188

Location

Centro, Portimão, Faro (Algarve)

Contacts

Vista Plaza
AMI License: 9205
Website: vista-plaza.com
Address: Rua João da Cruz, Nrº2 - 8500-698 Portimão
Telephone: 282 415 444 / 919 089 358