House T2 for sale in Portimão

Portimão

Sold
122881156-95
122881156-95
122881156-95
122881156-95
122881156-95

106 500 €

Buy
id. 122881156-95

36 m²

2

1

NC

Description

This property, located in Portimão, is registered as a building in total ownership, consisting of ground floor and 1st floor, intended for housing. According to the Land Registry, it has around 36 m² of total land and implantation area, also reflecting a gross construction area of ​​36 m². It is a building from before 1951, highlighting the need for a total renovation to adapt to current standards of comfort and aesthetics.

 

Location and Potential

 

The location in Portimão is one of the main attractions, taking into account the high tourist demand in the Algarve region.

The proximity to the beaches (for example, the famous Praia da Rocha), the riverside area and the historic center can be an added value for those who wish to invest both in their own housing, in local accommodation or to make rental income profitable.

According to preliminary information, the City Council will have the possibility of allowing height expansion, but each case must be analyzed individually.

 

State of Conservation and Renovation

 

The property requires works, allowing the buyer to redefine the internal distribution of spaces and completely modernize the structure.

 

The current size (36 m²) suggests the need for a careful architectural project, either to make the most of each square meter, or for a possible vertical expansion (respecting municipal regulations).

 

Importance of Location

 

Portimão is recognized for its strong tourist, gastronomic and cultural component, benefiting from good accessibility (A22 motorway, public road transport, train station) and an extensive range of services (hospitals, schools, varied commerce).

 

The region is in great demand from national and foreign investors, making this type of property (with rehabilitation potential) quite attractive.

 

Schedule your visit now and discover the full potential of this unique property, where you can create your dream home or invest in the local accommodation market.

 

Don't miss this investment opportunity in Portimão – contact me today and take the first step towards realizing your project.

Details

Private Gross Area m²36
Gross Area m²- -
Total Lot Size m²- -
Living Area m²36
Bedrooms2
Construction Year1932
Floor- -
WC/Bathrooms1
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiencyEnergy efficiency NC

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Map

Map 122881156-95

Rooms

Bedroom
Bedroom
Kitchen
Living Room
Credit Simulation
Listing Price
106 500 €
Initial Value
Duration (Years)
30 years
Monthly Payment (*)
356.68

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.