Apartment T3 in Portimão with 80 m²

3-bedroom apartment located in the 3 Bicos area of Portimão, situated on the ground floor of a family building comprising just 6 apartments.

The property consists of three bedrooms, two bathrooms, a kitchen and a pantry. It remains in its original condition, allowing for future modernisation and adaptation to the needs and preferences of the new owner.

A standout feature is its spacious private outdoor area of approximately 75 m², a rare feature that provides the apartment with greater versatility and potential. The building also benefits from a communal rooftop terrace, providing additional shared outdoor space for residents to enjoy.

The property is currently rented under a lifetime tenancy agreement, with a monthly rent of €290, making it an opportunity particularly suited to investors looking for a property with an existing rental income.

Another relevant factor is that one of the other units in the building is currently undergoing a complete renovation. This work contributes to the overall modernisation and enhancement of the building and may have a positive impact on the property's future value and potential resale strategy.

An investment opportunity in an area close to shops, services and main access routes, combining current rental income with long-term appreciation potential.

For further information, please get in touch.