Portimão, Faro, Address available on request

Located in the charming Historic Zone of Portimão (Aru Zone), this commercial and residential building enjoys a privileged location at the Portimão Town Hall Square and is less than 200 meters away from the picturesque riverside area, boasting a breathtaking terrace overlooking the Arade River.Profit Potential:
With a construction area exceeding 180 m2, this property already yields a return of approximately 6,2%. However, the true potential lies in future investments that could boost the yields to an impressive 8 to 10%.Attractions and Facilities:
Apart from its historic location, the building offers easy access and the convenience of an underground parking facility within 30 meters. Within the building, youll find a vibrant dining area, featuring a restaurant and an ice cream parlor. The surrounding area is full of life, with various bars, restaurants, pharmacies, clinics, and a wide range of businesses and services at your disposal. For added convenience, a large supermarket "Pingo Doce" is just 200 meters away.Tax Benefits and Energy Certification:
One advantage for commercial activities is the fiscal benefit with reduced Vat of only 6%, particularly relevant for activities such as a Hostel, given the privileged location in the Historic Center. Additionally, the property already holds an Energy Certification, ensuring efficiency and environmental responsibility.Investment Opportunity:
This is an excellent opportunity for investors seeking to diversify their commercial activities and service provision. today and discover the true potential of this building in the ARU Zone!