€1,390,000

Portimão Algarve

Overview

SUMMARY: Discover an opportunity with this Portimão commercial/office space for sale and available for €1,390,000. This could be your next ideal home or a smart investment. More details await.

Current profitability exceeding 10,000/month gross Lot 66, Aldeamento da Bemposta Alvor,

Portimão 477.5 m² of private gross area on a 1,460 m² lot Tax allocation: Services Usage License: No. 68/14 Ready to generate immediate income This single-story building, used for services, has been converted into 12 double rooms, fully operational and regularly occupied. The current owner already generates over 10,000 gross monthly income, with
significant potential for optimization. The functional layout of the space, the separate entrance, and the generous patio make this property ideal for various types of operations: Potential uses: Hostel or Local Accommodation adapted typology, quiet tourist area, ideal for short- and medium-term tourists. Small-Scale Hotel Unit with minimal adaptation and a good exterior appearance. Senior Home or Residence flat property, with easy access and a good outdoor area. Employee Housing ideal for companies that need to house teams. Clinic, training center, or technical services due to its original purpose and well-appointed layout. Main Features: 12 double bedrooms 2 bathrooms 6 main rooms 2 vestibules 3 pantries Generous backyard Easy parking Energy Certificates: Class D and E 1,460 m² plot, with potential for expansion or exterior adaptation Established area, close to Portimão, Alvor, and main access roads (EN125 and A22) Ready to operate with immediate return and potential for expansion The property presents itself as a ready-to-money solution, with active occupancy and a highly secure investment, especially in contexts of housing scarcity and growing demand in the Algarve region. Sale price: 1,390,000 Proven profitability and future appreciation potential

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Details

  • Beds: 0
  • Baths: 0
  • Price: €1,390,000
  • Internal Reference No.: KWPT-018121
  • Area: 935 m2

Amenities

  • Home: Energy Certificate: E

Location

Marketed by:

  • Flash Algarve
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  • Alcantarilha: +351 282 310 700
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