IMLIX Real Estate Marketplace
EUR 1,100,000

Old building for requalification in the centre of Pêra, with enormous business potential.

Listing details

Property for
Sale
Location
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
Condition
Must be reformed
Common
Finished sq. ft.
1000 sq m
Lot Size
2200 sq m
Additional information
Contact information
IMLIX ID
PR-008

Partner Details

Agent Thumbnail
ArKadia
Member since Jul 29, 2019
ArKadia is the one of the largest international real estate portals.
Personal Details
Country
United Kingdom
State/Region/Province
England
City
London
ZIP code
HA4 7AE
Address
2nd Floor, College House, 17 King Edwards Road, RUISLIP
Languages
Dutch, English, French, German, Italian, Polish, Portuguese, Romanian, Russian, Spanish, Swedish
Website
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