Old character building with great potential for complete reconstruction in the heart of the city of Portimão on a commercial street, parking nearby. The building requires renovation. The 3-storey building with ground floor, first and second floor, with a gross area of 940 m2 for rehabilitation, in the ARU zone (Urban Rehabilitation Area). To fully understand the potential, plans have been made to see the possibilities of this downtown building with: Ground floor: Duplex 3-bedroom - 128 m2; Duplex 2-bedroom - 97 m2; Duplex 2-bedroom - 100.8 m2. 1st Floor: 1-bedroom - 52.5 m2; 1-bedroom - 54.5 m2; 1-bedroom - 70 m2. 2nd Floor: 2-bedroom - 107.5 m2. Useful/habitable area of the building 610 m2, gross area 940 m2. Great investment opportunity. Specific characteristics: Energy certificate: exempt, Built in 1951.