Property details
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District
Faro (Algarve) -
County
Portimão -
Locality
Portimão
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Area
570 m² -
Plot area
840 m²
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Build Year
1951
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Price
1.150.000 € -
Energy Rating
B-
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Property code
VIV-7370
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Description
At the heart of Portimão's Historic Centre lies the exclusive Casa Ponte Velha Project, a unique property that combines the authenticity of traditional Algarve architecture with the comfort and sophistication of a contemporary refurbishment. A rare opportunity for those seeking a prestigious property with high potential for capital appreciation and rental returns.
The development comprises two detached villas, fully refurbished using high-quality materials and superb finishes, preserving their original character whilst offering a modern, elegant and functional lifestyle.
Set on a plot of 840 m², the property offers 570 m² of gross floor area and 406 m² of usable floor area, comprising 7 bedrooms, 8 bathrooms, fully equipped kitchens, balconies, spacious private gardens of around 230 m², a 5-car garage, air conditioning and double glazing.
One of the key distinguishing features of this project is its extraordinary versatility. Both villas have active Local Accommodation Licences (AL), allowing for the immediate commencement of tourist operations, and also hold a municipal licence for the construction of a private swimming pool - a feature that adds value and enhances the investment's appeal.
This property is suitable for a range of buyer profiles: a main residence, a second home, a holiday let, or a hybrid scheme allowing you to live in one of the villas whilst letting out the other. The prime location, in the city centre and just a few minutes from the riverside area, Portimão Marina and the beaches, also ensures unrivalled proximity to shops, restaurants, schools, hospitals, amenities and public transport.
With a B- Energy Performance Certificate, the Casa Ponte Velha Project represents a unique opportunity in the Algarve property market, combining heritage, exclusivity, a premium location and high potential for value appreciation in the medium and long term.
If you are looking for a villa in Portimão's Historic Centre that offers charm, versatility and strong investment potential, this property ticks all the boxes to exceed your expectations.
Book your viewing now and come and discover the Casa Ponte Velha Project. Discover an exclusive property in the Historic Centre of Portimão and don't miss out on this unique investment opportunity.
Book your viewing now!
Ref. VIV-7370
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