1 065 000 €

Building in Portimão, PortimãoPortimão, Faro

429 m²

Ground floor

Energy efficiency

Building for sale

Strategic Mixed-Use Investment Opportunity in Portimão Discover this exceptional mixed-use building located within an Urban Rehabilitation Area (ARU), offering attractive tax incentives, including reduced 6% VAT on eligible renovation works and potential IMI (property tax) exemptions. Prime Location Within walking distance: cafés, public transport, shops, restaurants, pharmacy, and all essential services are right on your doorstep. The beautiful Portimão Riverside is just a 2-minute walk away....Strategic Mixed-Use Investment Opportunity in Portimão Discover this exceptional mixed-use building located within an Urban Rehabilitation Area (ARU), offering attractive tax incentives, including reduced 6% VAT on eligible renovation works and potential IMI (property tax) exemptions. Prime Location Within walking distance: cafés, public transport, shops, restaurants, pharmacy, and all essential services are right on your doorstep. The beautiful Portimão Riverside is just a 2-minute walk away. By car: only 10 minutes from major supermarkets, the health centre and hospital, and approximately 12 minutes from some of the Algarve's most stunning beaches. Situated in the heart of Portimão, this property enjoys a privileged location just 2 minutes from Ferragudo, 8 minutes from Praia da Rocha, and close to every convenience the city has to offer. Property Details The building is being sold with six autonomous units, comprising the 1st, 2nd and 3rd floors. Buyers also have the option to purchase the ground-floor commercial unit, measuring 82.35 m², separately. Smart and Versatile Layout • 1st Floor (Right): Office or commercial/service space (52.70 m²) with 1 bathroom. • 1st Floor (Left): Studio apartment (34 m²) with 1 bathroom. • 2nd Floor (Right): Studio apartment (52 m²) with 1 bathroom. • 2nd Floor (Left): Studio apartment (34 m²) with 1 bathroom. • 3rd Floor (Right): Studio apartment (42 m²) with 1 bathroom. • 3rd Floor (Left): Studio apartment (35.50 m²) with 1 bathroom. Key Features • Excellent sun exposure. • Beautiful views over the Arade River. • Built in 1991 and well maintained. • Suitable for multiple investment strategies, including: • Permanent residential use; • Long-term rental; • Holiday rental (subject to applicable regulations); • Commercial or office use. This is an outstanding opportunity for investors, developers, and entrepreneurs seeking a flexible asset in one of Portimão's most desirable locations, while benefiting from valuable urban regeneration incentives. Schedule your viewing today and discover the full potential of this unique investment opportunity in Portimão. ;ID RE/MAX: 122881207-49

Details

Construction Year1991

Gross Area m²429

ElevatorNo

Private Gross Area m²429

Living Area m²333

GarageNo

Total Lot Size m²- -

Price m²2 482 €

FloorGround floor

Location

Attributes

Air Conditioning

Equipped Kitchen

Balcony

Terrace

Storage Room

Central Heating

Mortgage Simulator

REMAX Sun

Portimão, Faro

AMI 12206

Michele Furiski

+351 911 100 *** See number

Call to national mobile network

Building in Portimão, PortimãoPortimão, Faro

Building in Portimão with 429 m²