Main Details:

Building

610 m²

Excellent investment for Housing, Local Accommodation or Hotel. Building for rehabilitation in the historic center of P...

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€650,000

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District: Faro

Municipality: Portimão

Parish: Portimão

Property Type: Building

Beds: 0

Bathrooms: 0

Unit	Property Type	Floor	Bedrooms	Parking	Area (SQM)	Outdoor Area (SQM)	Price	Floorplan

About Building to rehabilitate in Portimão - Algarve

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Excellent investment for Housing, Local Accommodation or Hotel. Building for rehabilitation in the historic center of Portimão, consisting of 3 floors, ground floor, 1st and 2nd floor, located in a street with varied commerce and Instituto Superior. With a living area of 610 m2 and a gross area of 940 m2. The plastering of the facades is under reconstruction. Study for the construction of 7 residential apartments with a ceiling height of 3.5m2. The idea of the project will be to maintain the architecture of the facades (not to increase the height of the RDC doors/windows, so that there can be a lot of light for the bedrooms. Interior floors and divisions can be changed, adding an intermediate floor. Typologies: Ground floor - Duplex for: T3 -128m2 T2 - 97m2 / 100.8m2 1st floor T1 -52.5m2 /54.5m2/70m2 2nd floor T2 - 107.5 m2 Due to its proximity to universities, commerce and the Arade river, this makes this an excellent property to recover. There is currently a considerable increase in the demand for properties for rehabilitation in the historic center of Portimão, and this entire area will soon be completely rehabilitated. Energy Rating: Exempt #ref:BL839