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City centre ruin project to rebuild

In Portimão, Portimão

ruin,renovation,investment,relocation,algarve property for sale

  • 118 m2
95.000 €

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City centre ruin project to rebuild

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City centre ruin project to rebuild

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City centre ruin project to rebuild

Property Details

  • Reference IDH30480
  • Type Ruin
  • Certification -
  • House area 118 m2
  • Land area 118 m2
  • Zone Portimão
  • City Portimão
  • Region Faro


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Ruin for sale in Portimão

This project is available for purchase with approved plans to renovate these two side-by-side properties and create a stunning property with large living areas, 3 double bedrooms, 3 bathrooms, fully fitted kitchen and open plan living / dining room.

When complete with a high standard of finish this property would fit nicely into the local rental market for both long-term and short-term lets. This income, coupled with the capital appreciation would make for a lucrative investment.

The property is located in the heart of Portimao, within easy walking distance of all essential amenities and just a short 5 minute drive to the blue flag beaches of Praia da Rocha. Local transport links and infrastructure are right on the doorstep, ideal for a local living/working lifestyle.

Portimão is the largest city in the western Algarve, and was traditionally a centre for sardine fishing and processing. Today, most of that industry has been replaced by tourism, leisure, and retail, leaving Portimão as a large and residential city. Most tourists visit Portimão either for the extensive shopping or excellent public transport but there is a surprising amount to be seen within the city.

Juicy July Open House - 15th-19th July, at our office in Vila Sol. Come and learn all about the health benefits of relocating to the Algarve!...☀️🏡🇵🇹


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  • Central location
  • Walk to Amenities
  • Near Markets
  • Near Medical Facilities
  • Traditional Architecture
  • Near Shopping
  • Near Hospital/Medical
  • Near Schools

Advantages of Buying & Living in Portugal


Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 80% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here



 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live


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