Exceptional Residential Project | Historic Sardine Factory | Riverside area, Portimão
EUR 5,750,000
- 10000 sq m
Property for
Sale
Country
Portugal
State/Region/Province
Faro
City
Portimão
Posted
Oct 02, 2025
Description
Exceptional Residential Project | Historic Sardine Factory | Riverside area, Portimão
This rare and exclusive investment opportunity in Portimão is now available for the conversion of a former sardine factory into a landmark residential project. Benefiting from a prime location with excellent access, this property offers a very generous construction capacity of around 10.000 m², as defined by the Municipal Master Plan (PDM), making it ideal for the development of a large-scale residential or mixed-use scheme.
With a total plot size of 6.936 m², the project has potential for the creation of around 80 apartments, responding to the strong and growing demand for housing in the city. Its urban setting, combined with close proximity to services, retail, residential areas, and tourist attractions, enhances its high appreciation potential.
On the market for 5.750.000, this is a unique opportunity for real estate investors and developers seeking a strategic asset with solid demand and an excellent return potential.
Contact us today for further information and full project details. - REF: L30096 - REF: L30096
This rare and exclusive investment opportunity in Portimão is now available for the conversion of a former sardine factory into a landmark residential project. Benefiting from a prime location with excellent access, this property offers a very generous construction capacity of around 10.000 m², as defined by the Municipal Master Plan (PDM), making it ideal for the development of a large-scale residential or mixed-use scheme.
With a total plot size of 6.936 m², the project has potential for the creation of around 80 apartments, responding to the strong and growing demand for housing in the city. Its urban setting, combined with close proximity to services, retail, residential areas, and tourist attractions, enhances its high appreciation potential.
On the market for 5.750.000, this is a unique opportunity for real estate investors and developers seeking a strategic asset with solid demand and an excellent return potential.
Contact us today for further information and full project details. - REF: L30096 - REF: L30096
Finished sq. ft.
10000 sq m
Lot Size
6936 sq m
IMLIX ID
L30096
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