Old building for requalification in the centre of Pêra, with enormous business potential.
EUR 1,100,000
- 1000 sq m
Property for
Sale
Country
Portugal
State/Region/Province
Faro
City
Silves
Posted
Jan 12, 2026
Description
Historic property in the old town of Pêra and with enormous business potential taking into account its volume and characteristics.
There are several different items, including old houses, warehouses, two large shops, a restaurant space, a 'manorial' building and large patios, terraces and a basement.
It presents perfect conditions for a charming hotel project or even to idealise a condominium.
The possibility of a restoration and keeping the existing one is also a strong possibility.
About 2,200m2 of total area with just over 1,000m2 of construction.
If we consider only the construction area, we have a little more than €1,000/m2 and we still have the entire area of public places.
The village of Pêra has a very interesting location and is very strategic. It is about 2.5 kilometres from the beautiful Praia Grande, 5 minutes by car from the centre of Armação de Pêra, 10 minutes by car from Albufeira, 35 kilometres from Faro airport and next to the national road 125 that crosses the entire Algarve and finally, close to the large retail shopping area where you can find Algarve Shopping, Makro, Leroy Merlin, etc,...
Energy Rating: C
#ref:PR-008
There are several different items, including old houses, warehouses, two large shops, a restaurant space, a 'manorial' building and large patios, terraces and a basement.
It presents perfect conditions for a charming hotel project or even to idealise a condominium.
The possibility of a restoration and keeping the existing one is also a strong possibility.
About 2,200m2 of total area with just over 1,000m2 of construction.
If we consider only the construction area, we have a little more than €1,000/m2 and we still have the entire area of public places.
The village of Pêra has a very interesting location and is very strategic. It is about 2.5 kilometres from the beautiful Praia Grande, 5 minutes by car from the centre of Armação de Pêra, 10 minutes by car from Albufeira, 35 kilometres from Faro airport and next to the national road 125 that crosses the entire Algarve and finally, close to the large retail shopping area where you can find Algarve Shopping, Makro, Leroy Merlin, etc,...
Energy Rating: C
#ref:PR-008
Condition
Must be reformed
Finished sq. ft.
1000 sq m
Lot Size
2200 sq m
Website URL
IMLIX ID
PR-008
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