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   22
For Sale property id: 77629816
USD 1,992,261 Mortgage Calculator
EUR 1,710,000
  • 5 bedrooms
  • 5 bathrooms
  • 486.99952870867 m²
  • Land Size
    266 m²
  • Completion Year
    1900

Description

19th-century building located in the historic center of Tavira. This property offers a unique atmosphere full of character, preserving the original architectural details both on the exterior and interior. Fully renovated in several phases between 2005 and 2020 using traditional and ecological materials, the house respects the authenticity of Tavira’s typical architecture, maintaining its history and singular charm. The renovation project was carried out in partnership with a company specialised in traditional techniques and Eco-friendly restorations, ensuring harmony between the new elements and the original structure. This property with 3 facades receive plenty of light on its both floors. The ground-floor is licensed for comercial use and the first floor is licensed for habitation. It also provides a comfortable patio on the first floor and a large rooftop. The rooftop of the property is one of the highlights, offering panoramic views over the historic town and the Gilão River — a perfect space to relax and enjoy the sun. Currently operating as a guesthouse with five units, the property offers to the visitors the experience of staying in a truly charming and authentic townhouse. The concept of the guesthouse allows to either continue to use it as a licensed business (website, booking engine, infrastructure & portfolio of clients) or to choose to use it as a private residence. The first floor is composed of 5 bedrooms, 5 private bathroom, 1 kitchen, 3 kitchenette, 3 living rooms, 2 walk-in closet, 1 patio and 1 large rooftop. Within the 266m2 it would be also possible to use the first floor partially as a private residence and continuing with an optional renting of 1 up to 4 units, this being possible with the actual AL license. On the ground floor, the property includes three commercial units, currently in operation, facing the main street along the Gilão River. These shops have also undergone a careful renovation process, respecting the original architectural features and preserving existing elements. In addition, on the back street, there are 2 other spaces with the potential to create additional income related to the guesthouse or to any other activity as for example workshops area or art studio. There is also a space used as a laundry area to support the guesthouse.

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Portugal Sotheby’s International Realty
Vilamoura Office

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Portugal Sotheby’s International Realty
Vilamoura Office

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