2 Buildings most recent, Lot39

Historic property in the old town of Pêra and with enormous business potential taking into account its volume and characteristics.
There are several different items, including old houses, warehouses, two large shops, a restaurant space, a ’manorial’ building and large patios, terraces and a basement.
It presents perfect conditions for a charming hotel project or even to idealise a condominium.
The possibility of a restoration and keeping the existing one is also a strong possibility.
About 2,200m2 of total area with just over 1,000m2 of construction.
If we consider only the construction area, we have a little more than €1,000/m2 and we still have the entire area of public places.
The village of Pêra has a very interesting location and is very strategic. It is about 2.5 kilometres from the beautiful Praia Grande, 5 minutes by car from the centre of Armação de Pêra, 10 minutes by car from Albufeira, 35 kilometres from Faro airport and next to the national road 125 that crosses the entire Algarve and finally, close to the large retail shopping area where you can find Algarve Shopping, Makro, Leroy Merlin, etc,...

This beautiful development is being built on the last plot available in the centre, located within the village of Armação de Pêra and 100m from the beach. An 8-storey building built from scratch, with 24 apartments ranging from T1 to T3, ready to be opened. The top floors have views over the sea.
In order to be able to provide tranquility and connection with the natural side of the surroundings, in a summer place full of life, a suspended space was created on the ground floor where only the accesses to the building itself are located. The so characteristic and unique tone of the cliffs of Armação de Pêra, was the proposition for the choice of materials in texture and hue.
Map of finishes with quality materials, kitchens fully equipped with appliances of the BOSCH type or equivalent.
Contribution of renewable energy to the Building’s consumption 61%
Heat pump heating
Balconies measuring 2.05 m (+1 m deep) with transparent video (Guards)
Ventilated facade in Transparent Aluminum

Private parking for 2 cars per apartment in a garage.
The 3D images are merely indicative of the type of decoration.
Excellent investment for permanent housing or for holidays, just a stone’s throw from the beach and close to all shops and services.
Payments phased according to construction development objective.
Financial conditions CPCV 25% and the remainder in the deed.
Completion scheduled for the end of the 4th semester of 2025.


Armação de Pêra developed from a small fishing community, whose first reference dates back to 1577. Nowadays, Armação de Pêra continues to be a village facing the sea, where tourism occupies a prominent place. Its beaches, lagoon, caves, gastronomy and cultural entertainment make this region a unique place.