Prime Investment Opportunity - Two Fully Renovated Buildings in the Heart of Portimão
EUR 2,400,000
- 15985 sq m
Property for
Sale
Country
Portugal
State/Region/Province
Faro
City
Portimão
Posted
Mar 06, 2026
Description
Nestled in the heart of one of the region's most charming and authentic areas, this truly unique property consists of two interconnected buildings, where historic charm blends seamlessly with contemporary comfort and exceptional investment potential.
The main building, facing the main street, has undergone a complete interior renovation, carefully preserving the original architectural elements, including the elegant historic façade and several period finishes that give the property its distinctive character.
Spread across three floors, the building offers a total of 17 rooms, including 6 bedrooms and several spacious living areas that can be adapted for various uses from sophisticated reception rooms to workspaces, leisure areas, or exclusive accommodation.
Each floor features its own kitchen and multiple fully renovated bathrooms, designed with a modern, elegant and distinctive style, combining functionality with high-quality materials and finishes.
On the top floor, a truly special space awaits: a Nine table, accompanied by a panoramic terrace offering stunning views over the Arade River and the Ferragudo Marina the perfect setting for relaxation, private gatherings, or exclusive events.
Connecting the main building to the second property is a private interior passage, creating a seamless transition between the two. In this area you will find a wellness and service space that includes a beautifully renovated indoor pool, a laundry area, and a private spa with sauna, designed to provide comfort and exclusivity.
The second building, facing the rear street, is currently undergoing a full renovation and has been designed to maximise the property's investment potential. It features three independent entrances, ensuring privacy and autonomy for each residential unit.
Once completed, the building will offer:
Two two-bedroom apartments (T2)
One one-bedroom apartment (T1)
One studio apartment
A private garage with individual access
This configuration creates an exceptional investment opportunity, allowing for multiple strategies such as high-end short-term rentals, a boutique guesthouse, luxury multi-family residence, or a combination of private living with rental income from the independent units.
The combination of prime location, historic architecture, high-quality renovation and strong income potential makes this property a rare opportunity in the market, ideal for investors seeking a distinctive asset with excellent long-term appreciation.
Energy Rating: B-
#ref:PBI-1393
The main building, facing the main street, has undergone a complete interior renovation, carefully preserving the original architectural elements, including the elegant historic façade and several period finishes that give the property its distinctive character.
Spread across three floors, the building offers a total of 17 rooms, including 6 bedrooms and several spacious living areas that can be adapted for various uses from sophisticated reception rooms to workspaces, leisure areas, or exclusive accommodation.
Each floor features its own kitchen and multiple fully renovated bathrooms, designed with a modern, elegant and distinctive style, combining functionality with high-quality materials and finishes.
On the top floor, a truly special space awaits: a Nine table, accompanied by a panoramic terrace offering stunning views over the Arade River and the Ferragudo Marina the perfect setting for relaxation, private gatherings, or exclusive events.
Connecting the main building to the second property is a private interior passage, creating a seamless transition between the two. In this area you will find a wellness and service space that includes a beautifully renovated indoor pool, a laundry area, and a private spa with sauna, designed to provide comfort and exclusivity.
The second building, facing the rear street, is currently undergoing a full renovation and has been designed to maximise the property's investment potential. It features three independent entrances, ensuring privacy and autonomy for each residential unit.
Once completed, the building will offer:
Two two-bedroom apartments (T2)
One one-bedroom apartment (T1)
One studio apartment
A private garage with individual access
This configuration creates an exceptional investment opportunity, allowing for multiple strategies such as high-end short-term rentals, a boutique guesthouse, luxury multi-family residence, or a combination of private living with rental income from the independent units.
The combination of prime location, historic architecture, high-quality renovation and strong income potential makes this property a rare opportunity in the market, ideal for investors seeking a distinctive asset with excellent long-term appreciation.
Energy Rating: B-
#ref:PBI-1393
Bedrooms
15
Finished sq. ft.
985 sq m
Lot Size
490 sq m
Website URL
IMLIX ID
PBI-1393
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