Building for sale in Estombar e Parchal, Portugal

• 592 m² of land (6372 sqFt)
• N/C

This property is a building in horizontal property with 4 separate units and a parking area. Situated on a plot of 592m2 and boasting a gross private area of 371m2, this property offers great potential for profitability. Located in Parchal, just 5 minutes from Ferragudo and the entrance to Portimão, this property presents an excellent investment opportunity. The units are in need of refurbishment and are sold together, featuring a T3, T2 with terrace, T0 in the basement, and a T1 with porch in the garage. The property is available for visits, with more photos coming soon. The land registry description shows that the building is intended for housing, garage, and storage, with 4 autonomous fractions on a shared plot with garden areas. This property offers versatility and potential for growth, making it an attractive option for investors. In terms of the price, at 295,000, this property offers great value considering the size of the plot, the potential profitability of the units, and the prime location in Parchal. With some renovation work, this property has the potential to yield a high return on investment.