House for sale in Portimao, Portugal

• 1.3 hectares of land (3.22 acres)
• Facing South
• N/C
• No overlooking neighbours

Explore this stunning property located in the charming village of Companheira, just a short drive from the bustling city center of Portimão and the beautiful beaches of the Algarve. This unique property consists of two separate plots, totaling 13,000 m² of land for you to explore and develop. The first plot, spanning 6,000 m², features a 51 m² ruin, while the second plot, covering 7,000 m², includes an 80 m² ruin. Both ruins offer the potential for expansion by up to 2% of the total plot area, allowing you to create the perfect retreat of your dreams. The location of this property is truly unbeatable, offering breathtaking views of the River Arade and a rare opportunity to enjoy the best of both worlds - the tranquility of the countryside and the convenience of city living. With its ideal sun exposure throughout the day, you can enjoy the beauty of the surrounding landscape from every angle. With a total gross area of 131 m², this property is an ideal renovation or development project for those looking to create their dream home in a picturesque setting. Don't miss the chance to transform this property into a unique oasis or a profitable investment opportunity. Contact us today for more information and to schedule a viewing. As for the price of 270,000, it is a reasonable investment considering the potential for development and the prime location of the property. In the competitive real estate market of Portimão, this property offers great value for those looking to create their own piece of paradise in the Algarve.