Apartment with 3 rooms in iconic building of the city of Portimão
€ 426,000£ 376,007$ 507,984
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Portimao, Western Algarve
Ownership Status: Company
Built in: 2018
164m2 Build size
€ 2,598£ 2,293$ 3,097
/ m2 build
The Atrium Arade building is the result of a deep recovery of a group of very emblematic buildings located in the old part of the city of Portimão, with a strong exposure on the riverside area. Composed of commercial spaces and now only 3 housing units resting, T2, T3 and that are developed in the two upper floors, according to the typology "duplex", and parking area assigned to the accommodation units. Price of apartments from € 385,000.00.
Year of construction: 2018
Excellent potential for rent
Bathrooms (en-suite): 1
Energy Certification: B
Short walk to amenities
Features great views
On the waterfront
Near bars / restaurants
Near a golf course
Near the beach
The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.
Portimão is the second largest city in the Algarve. Located on the bank of the Arade river facing Ferragudo on the opposite bank. Portimão's Atlantic beach of Praia da Rocha has, over the years, become a resort in it's own right with lots of hotels and apartments, restaurants and bars, discos and clubs and shops.
A mix of late 19th, early 20th century buildings in the older part of the town, and high rise apartment blocks in various pastel shades of blue, pink and coral around it. The town centre is simply perfect for those who love to shop! It is jam packed full of shops, offering a wide choice of clothes, gifts, souvenirs, electrical goods and general household items. You’ll see brands you see at home and plenty of traditional shops selling bargain leather goods, such as handbags and belts.
There are also plenty of bars, restaurants and café’s where you can waste a few hours just watching the World go buy. To see the more relaxed side of Portimão, wander down to the river front, where the 'Manuel Bivar' gardens are, and have an ice-cream or a coffee at one of the cafe's along the front. You will also find Portimão's famous fish restaurants at the end of the waterfront near the bridge - just follow the aroma of sardines barbecuing!
The Portimao shopping scene has got better and better and it is probably one of the best towns for shopping in the Algarve with retail parks and shopping malls galore! As well as shopping, there are also lots of events throughout the year to be enjoyed, like powerboat racing or jet-skiing on the river, fantastic fireworks and live music to celebrate the New Year, and various exhibitions and sports events at the Expo-Arade centre. The most popular place for events in Portimão has become the Autodromo do Algarve, the motor racing circuit for which Portimão (and the western Algarve) is now famous for!
Portimão Marina you simply have to see with your own eyes, because you’ll never have seen colours like it! Only a place in the Algarve could carry off ochre and terracotta! The marina is at the eastern end of Praia da Rocha at the entrance to the river and includes the Tivoli Arade and Nikki beach resort. There are shops as well as a selection of restaurants and bars to occupy your time!
There are plenty of things to do in Portimao whatever your age - there are boat trips for fishing, trips to the caves, dolphin watching trips or a trip up the Arade river to Silves from the river front. There are several golf courses nearby and at Portimão municipal aerodrome near Alvor various pursuits like parachuting for the more adventurous! Lagos zoo is just a short distance away to the west and Zoomarine at Guia is just a short distance to the east - both great family days out - or for those that prefer to keep cool, then Slide and Splash Water Park at Lagoa is nearby as well.
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