Building for sale in Portimão

Urban building located in Largo Sárrea Prado, directly opposite the Portimão train station and next to the Algarve University campus, this property represents an excellent investment opportunity, both in the tourism sector and the student housing market. Comprising two adjacent buildings, which together occupy three corners of the block, its prime location offers great visibility and development potential.

The first building consists of a ground floor, 1st, and 2nd floors, with a total of 52 rooms and 6 balconies. On the ground floor, there are two units designated for commercial use and a third unit currently being used as parking. On the upper floors, there is a guesthouse in operation, presenting a future opportunity to take advantage of its proximity to the train station and university campus, factors that will drive increasing demand for accommodation from both tourists and students.

The second building, adjacent to the first, has two floors and is intended for full refurbishment, offering the possibility to expand the existing project or create something entirely new, such as student accommodation or other tourism-related ventures.

With its strategic location in one of the busiest areas of Portimão, this property is ideal for those looking to invest in the tourism sector or student housing market, benefiting from the growing demand in the area.