House T3 for Sale, Portimão, Faro (Algarve), in Portugal

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Property details

• District
  Faro (Algarve)
• County
  Portimão
• Locality
  Portimão

• Area
  156 m²
• Build Year
  1988

• Price
  395.000 €
• Energy Rating
  F

• Property code
  NU_5538

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Description

This building, strategically located in the centre of Portimão's shopping street, stands out as a property with great potential for commercial activities.

Comprising a ground floor for commercial space and a ground floor with a 3 bedroom flat. This setting offers a unique opportunity for a combination of business and residence.

The ground floor houses a living room, three bedrooms, a bathroom, a functional kitchen and a terrace, providing a complete residential experience. The presence of the terrace adds a nice touch while providing outdoor space.

Although the structure has a prime location, it is important to note that the building requires renovation in its entirety, excluding only the exterior painting. This need for works suggests a significant potential for appreciation after the renovations are completed, with the possibility of modernising both the commercial space and the flat to meet contemporary standards.

The property stands out as an attractive opportunity for investors looking to revitalise a property in the heart of local commerce, taking advantage of the constant movement of the area.

Ref. 5538