Building on the Past. Restoring the Future.

Guided by heritage and driven by purpose, Portugal Development Co. transforms ruins into beautiful homes in the heart of Portugal’s historic city centers. We honor the architectural past while creating spaces that meet today’s needs, opening the door for more people to live where culture, beauty, and community thrive.

Old Walls. New Life.

Portugal’s historic city centers are full of buildings rich in character but often left empty and legally complex to revive.

At Portugal Development Co we take on that challenge by navigating red tape, respecting heritage requirements, and investing the time and care needed to restore these spaces.

The result is greater access to Portugal’s historic centers, more choice for residents, and a steady return of life to communities that deserve it.

Side-by-side comparison of a narrow cobblestone street with old buildings on the left and modern renovated white buildings on the right under a clear blue sky.

We restore neglected structures into well-designed homes that honor their origins while offering modern livability. More than a place to live, each home is a doorway into the rhythm, beauty, and energy of city center life.

Homes, From the Ruins

Portugal’s historic centers are full of culture and charm, but legal hurdles and structural challenges keep many from living there. We make these neighborhoods accessible by doing the hard work other developers won’t.

Access to Beloved Places

Growth That Builds Community

When restoration is done thoughtfully, it strengthens local identity, supports small businesses, and brings lasting energy to neighborhoods. It is revitalization that grows from within.

Portugal’s Housing Crisis Paradox

Portugal faces a housing crisis, yet over 700,000 residential buildings sit empty, thousands of them in city centers.

The challenge is not space, it is intention.

Phase 1 Portfolio

Five distinctive units under development, offering a mix of 1, 2, and 3-bedroom homes across more than 820 square meters (8,800 square feet) of restored living space.

Triangle Facade

Old weathered building with peeling paint ready for renovation, cobblestone street, stairway, and parked cars in the Historic centre of Portimao, Portugal, under a blue and cloudy sky.
  • Located in the historic Zona Ribeirinha (Riverside) neighborhood of Portimão

  • 100 meters from beautiful Rio Arade (River Arade)

  • Riverview from the upper unit

  • Walking distance to hundreds of shops, restaurants, and essential services

  • 500 meters from the train station

  • 800 meters from the largest shopping center in the western Algarve

  • 4-minute walk to free public parking

  • 50 minutes from Faro International Airport

  • Two residential units

  • 320 m² (3,444 ft²) total under development

Features

Corner Facade

Old abandoned building with weathered facade craving renovation on a cobblestone street corner in historic Portimao, Portugal, featuring graffiti and a vintage street lamp.
  • Located in the historic Zona Ribeirinha (Riverside) neighborhood of Portimão

  • 100 meters from beautiful Rio Arade (River Arade)

  • 50 meters from Igreja de Nossa Senhora da Conceição (main cathedral)

  • 50 meters from Praça da República (main square and pedestrian streets)

  • Walking distance to hundreds of shops, restaurants, and essential services

  • 500 meters from the train station

  • 800 meters from the largest shopping center in the western Algarve

  • 50 minutes from Faro International Airport

  • Three residential units with parking

  • 490 m² (5274 ft²) total under development

Features

Contact Us

Small backyard pool with surrounding greenery, a seating area with a cushion, and a woven basket nearby.