Building plot in the old town of Portimão Excellent 354 m² plot, located in the old town of Portimão, within an Urban Rehabilitation Area (ARU), with high potential for appreciation. The plot allows the construction of up to 4 townhouses, or a building with 4 units and parking, as illustrated in the images. A construction project has been prepared in accordance with the urban planning parameters applicable to the site; however, it has not yet been approved by the competent authorities. Located in a central area, with easy access to local shops, supermarkets, bakeries and essential services, restaurants, cafés and the riverside area of the Arade River within short distance, public transport and quick access roads, and the University of the Algarve (Portimão Campus) nearby, making it ideal for investment or rental. An excellent opportunity for investors, developers or anyone looking to develop a tailor-made project. For more information or to schedule a visit, please get in touch.