EXCELLENT INVESTMENT OPPORTUNITY The building is spread over 3 floors and is located on Rua Garrett, in an urban rehabilitation area in the Historic Center of Portimão. The building consists of: Ground floor - Commercial store (rent) 1st floor - office converted into apartment with 1 bedroom, open-space kitchen, lounge and bathroom 2nd floor - office converted into apartment with 1 bedroom, open-space kitchen, lounge, bathroom and balcony. It has a gross area of 181m2 and an implantation area of 64m2. After meeting with the Petrolina City Hall technician, we received promising information about the potential for converting the building from commercial to residential use. Based on the guidance provided by the technician, we are confident that the transition to housing will be carried out easily and efficiently. This development further increases the value and versatility of this space, making it even more attractive to investors and potential buyers. In addition to the prospect of transforming the service building into housing, we are pleased to inform you that this project may benefit from tax incentives due to its location in an urban rehabilitation area. Coordinates: 37.142186, -8.537720 Rua Garette No. 19, Portimão A great opportunity for your own home or to monetize. Property inserted in the ARU delimitation of the Historic area of Portimão. Century21 Realty Art is a real estate agency with a team of almost 400 professionals at its service in the areas of Albufeira, Guia, Portimão, Faro, Olhão, Carvoeiro, Lisbon, Porto and Braga, who have been with you since the first contact until the date of the deed and after the sale, providing a wide range of services that complete the commitment of real estate consultants. For 20 years, recognized as one of the reference real estate agencies in the Algarve, with the largest market share in the municipality of Albufeira, the largest team of real estate professionals and the largest property portfolio. Together we speak 16 languages and guarantee coverage across the entire country. Within the CENTURY 21 brand, we are leaders, having been recognized for 9 consecutive years as the number 1 agency and group of companies in the Iberian Peninsula.
