Classic House for Renovation in Central Ferragudo
€595,000
- House
- Type
- 4 weeks ago
- Listed
The Habio take
This classic house, located in a designated urban rehabilitation area (ARU), is perfect for those seeking a unique property with preservation of traditional charm, while also providing opportunities for modern investment and renovation. Ferragudo offers a vibrant community with easy access to local shops, restaurants, and stunning beaches.
- investment
- beach
- tourism
- historic
Highlights
- Located in urban rehabilitation area (ARU)
- Traditional charm with wooden details
- Close to local beaches
- Central location with easy access to amenities
- Strong investment potential in a tourist-friendly area
Worth knowing
- Requires renovation
- No lift mentioned
Good fit for: Ideal for investors or buyers seeking a property to renovate in a prime location.
Lifestyle scores
- Beach
- 80
- Walkable
- 70
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 60
- Investment
- 75
- Luxury
- 40
- Value
- 65
About this place
Discover this traditional-style house situated in the heart of Ferragudo, within an urban rehabilitation area (ARU) which grants advantageous financing conditions and reduced VAT for renovation works. With a total land area of 508 m², the property comprises a gross dependent area of 183 m² and a gross private area of 155 m².
The house features charming wooden doors and ceilings, and is ideally positioned close to the river Arade and local beaches, including Praia do Pintadinho, Praia dos Caneiros, Praia Grande, and Praia do Molhe. Enjoy a central location on one of Ferragudo’s main streets, with easy access to shops, restaurants, and services.
This property offers an excellent opportunity for personal residence or as a tourism investment in a region with strong potential for growth. With the advantage of ARU incentives, it allows for a sustainable investment that combines the enchantment of traditional design with a premium location. Schedule a visit to explore the unique potential of this house.
Getting around
- Excellent water quality
Nearest beach · Ferragudo
~5 min drive · 1.6 km
Portimão (PRM)
~12 min drive · 9.8 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Ferragudo, Algarve, Portugal
- Nearest airport
- Portimão (PRM)
- 7 km
- Also close
- Faro (FAO)
- 50 km
- Nearest city
- Setúbal
- 160 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Portugal
Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.
Mortgages are available to non-residents, typically up to 60–70% LTV.
The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023).
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
