Algarve, Tavira (Santa Maria e Santiago), Portugal

Building from the 19th century located in the historic centre of Tavira, enjoying a privileged setting next to the Gilão River. This magnificent two-storey property with two terraces features three façades — South, East and North. The property combines residential and commercial uses, with a footprint of 266 m² and a total gross area of 487m², complemented by a pleasant courtyard and a large rooftop terrace with views over the historic centre and the Gilão River.

On the first floor, with 266m² (including the courtyard) and an additional 75m² terrace, you will find the residential area, consisting of two independent entrances (South and North), five spacious bedrooms, five bathrooms (two with bathtubs), three generous living rooms, a kitchen, a courtyard and a rooftop terrace.

The ground floor, also with 266m², is dedicated to commercial use. On the North side, facing the river and a main thoroughfare with high foot traffic, there are three shops (20m², 22m² and 36m²), complemented by shared areas with two WCs. On the South side, there are two spaces (18m² and 44m²) that require only minor cosmetic renovations, as well as a shared area with one WC. The ground floor also includes a 27m² space currently used as a laundry, with a WC and direct internal access to the residence.

This property offers an atmosphere full of character, preserving original architectural details both inside and out. It has been renovated in several phases between 2005 and 2020, using traditional and ecological materials, always respecting the authenticity of Tavira’s typical architecture and maintaining its unique charm. The renovation project was developed in collaboration with a company specialised in traditional techniques and ecological restoration, ensuring a harmonious integration between new elements and the original structure.

The first floor is currently operating as a guesthouse with five independent units, but the property may also be used as a private residence while benefiting from the commercial areas.
On the ground floor, the property includes three commercial units — currently in operation — facing the main street next to the Gilão River. These shops were also renovated with respect for the original architectural features, preserving the existing elements.

Additionally, on the back street, there are two other spaces with the potential to generate additional income, either related to the guesthouse or for any other activity such as workshops, an art studio.