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  • €280,000
    •
    CHECK IF AVAILABLE
    CHECK IF AVAILABLE
  • 7 bedrooms
  • House  7 bedrooms
  • For Sale 
  • Portimao
  • portugal Flag Portugal
House to renovate in historical
center of Portimão, Algarve

Discover the potential of this
house, located in the historic
center of Portimão, on Rua
Infante Dom Henriques.
With a plot area of 159 m² and
a gross private area of 94m²,
this property offers an
excellent opportunity to invest
in a property with a privileged
location and transform a space
with unique characteristics into
a true urban refuge.

PROPERTY DESCRIPTION:
House to recover, on Rua
Infante Dom Henrique -
Portimão. Integrated into a 159
m² plot, the property has a
backyard and two fronts with
sun exposure, northeast and
southwest. It is possible to
expand the built area on two
floors, provided that the gable
does not exceed 15 meters.
The spatial layout of the
property is organized by a
central corridor that distributes
the various compartments: to
the right and to the left, there
are the bedrooms, both with
windows to the street and
which, in turn, have access to
interior rooms. In front is the
living room, which connects to
the patio through a small door.
The living room also distributes
the other spaces: an additional
bedroom and the kitchen, both
with a window to the patio. The
sanitary installation has
exclusive access from the
outside, through the porch that
connects to the kitchen. The
patio provides access to an
annex and external stairs give
access to the terrace. Although
the building is in poor
condition and needs to be
recovered, it has great
potential due to its privileged
location, the generous
dimensions of the plot, the
ceiling height of over 3.00 m
and the excellent sun
exposure, which covers the
northeast and southwest
quadrants. In addition, the
internal patio offers a quiet and
private atmosphere, even being
in the city center.

SURROUNDING
DESCRIPTION:
Located in one of the city`s
main accesses, with quick
access to the Ponte Velha, as
well as to the main commercial
and recreational areas of
Portimão. The area where this
house is located has been
undergoing rapid development
in recent years, with the
emergence of structuring
projects such as the
requalification of the main
public spaces in the historic
center. A short distance away,
it is also possible to find
several supermarkets, a train
station, schools, universities
and health units, among other
services.

SUMMARY OF MAIN
CHARACTERISTICS:
• Exceptional location: with
easy access to the city center
• High expansion potential:
possibility of expansion to 2
floors
• Sun exposure on two fronts:
northeast and southwest,
guaranteeing natural light
throughout the day
• Excellent investment
opportunity: The surrounding
area is being rapidly
regenerated, making this the
ideal time to invest in a
property with great long-term
potential.
• Energy Class: F

PROPERTY DETAILS
(according to Urban Property
Register):
• Plot area: 159 m²
• Footprint area: 94 m²
• Built-up area: 94m²
• Allocation: Housing
• Number of floors: 1
• Typology/Divisions: 7

LEGAL AND FISCAL
INFORMATION:
• Possibility of benefiting from
exemption from IMI payment in
the first 3 years, in the case of
use for own and permanent
housing (article 46 of the EBF)
• Possibility of access to tax
benefits in the context of urban
rehabilitation, such as 6% VAT,
IMI exemption, benefit in IMT,
IRS, among others (article 45
of the EBF)
• Existing construction dating
from before 1951.
House to renovate in historical
center of Portimão, Algarve

Discover the potential of this
house, located in the historic
center of Portimão, on Rua
Infante Dom Henriques.
With a plot area of 159 m² and
a gross private area of 94m²,
this property offers an
excellent opportunity to invest
in a property with a pr...
View more
CHECK IF AVAILABLE
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