Apartment in Centro Portimão with 34 m²

Studio Apartment at the Entrance of Portimão: Ideal Opportunity for Government-Backed Purchase

If you are looking for the perfect property to purchase using government housing support and incentive programs, this studio (T0) apartment at the entrance of Portimão is the ideal choice. Featuring a privileged view over the Arade River, this property stands out for its versatility and outstanding rental potential—whether for permanent residency, long-term rental, or holiday letting.

The apartment is a first-floor left unit (1.º andar esquerdo) in a building without an elevator. It offers 35 sqm of private gross area distributed in a highly functional layout, featuring an integrated living and sleeping area, a kitchen, and a full bathroom.

Where Convenience Meets the Arade River
The strategic location is one of the property's strongest highlights, allowing for effortless daily living on foot while keeping the region's top destinations just a short drive away:

• Just a 2-minute walk from Portimão’s charming Riverside Area (Zona Ribeirinha), traditional restaurants, a pharmacy, public transport, and local shops.
• A 10-minute drive from major supermarkets and the hospital.
• A 12-minute drive from Ferragudo and the golden sands of Praia da Rocha.

Exclusive Advantages and Tax Benefits
Beyond its exceptional location and high residential demand, this property represents a unique financial opportunity. Because it is located within an Urban Rehabilitation Zone (ARU), the building benefits from highly attractive tax incentives, including a reduced VAT rate of 6% on refurbishments and a potential exemption from municipal property tax (IMI)—adding immense value for the buyer.

Do not miss out on this opportunity to position your capital in a steadily growing market with excellent acquisition conditions.

Book your viewing today and discover this opportunity in Portimão!