Villa for Sale in Portimao

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€480,000 EUR

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Ref 2270389 | Portimao, Faro | 2 Bedroom Villa

Currency services provided by Excel Currencies 480,000 EUR  |  Approx.£413,328 GBP  |  Approx. US$513,696 USD
Mexilhoeira Grande, Portimao, Faro
  • Type: villa
  • Location: Portimao
  • Province: Faro
  • Country: Portugal
  • Bedrooms: 2
  • Bathrooms: 1

***Recently Reduced*** This very large plot is located in Mexilhoeira Grande, around 20 minutes’ drive to the city centre of Portimao and the beaches of Alvor . From the site there is easy access to the A22 toll road, which runs almost the entire length of the Algarve. There are a number of small villages within a short drive, with mini-markets, cafés and traditional restaurants. The main house is in good structural condition and comprises 2 bedrooms and 1 bathroom, however the interior needs renovating throughout. There is also the possiblity to extend the current footprint of the property for additional bedrooms or living areas. The ruin requires extensive construction work to really see its full potential - currently there are mains connections for water and electricity, however to heat water you will need replaceable gas bottles which are readily available locally. The land is currently registered as an agricultural plot, meaning no permanent structures can be built, but it would be the perfect location for anyone looking to start a small farming or equestrian business, as there are already a number of mature fruit trees to get you started! This is the perfect project for someone able to invest time and money into the property to bring it up to a wonderful family home in a peaceful setting. 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 Today, most of that industry has been replaced by tourism, leisure, and retail, leaving Portimão as a large and residential city.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.

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