A rare opportunity to acquire a fully operational and beautifully restored mixed-use property in the heart of Portimãos historic center. This unique property blends boutique local accommodation, a high-rated restaurant & bar, and an established cultural venue all in one iconic building with strong brand presence and growth potential.Property Highlights:Historic Character, Modern Comfort: Meticulously renovated heritage building with tasteful finishes, maintaining original charm while meeting contemporary hospitality standards.Prime Central Location: Situated in the heart of the city, walking distance to key attractions, the waterfront, and a short drive to Praia da Rocha and Portimão Marina.Accommodation: 8 individually styled guest rooms with air conditioning, Wi-Fi, and private or shared terraces. Consistently strong occupancy and guest ratings.Restaurant & Bar: Fully licensed and equipped restaurant with garden seating and a cozy indoor dining area. Known for high-quality cuisine and crafted cocktails using local ingredients.Cultural Venue: Hosts regular live music events, art exhibitions, DJ sets, and workshops. Strong local and expat following. Opportunity to expand event programming or monetize through ticketed experiences.Outdoor Space: Tranquil inner courtyard with garden and event potential ideal for private gatherings, pop-up markets, etc.Business Ready: Sold with brand identity, online presence, licenses, furnishings, and equipment seamless transition for the next owner/operator or investor.Investment Potential:Profitable and scalable hospitality business with multiple revenue streamsStrong visibility and loyal guest baseHigh-demand Algarve tourism location with year-round appealPerfect for lifestyle entrepreneurs, hoteliers, or creative investors looking for a distinctive assetDon't miss out on this rare opportunity and contact us for private viewings.Located in one of the most historic parts of Portimão, the riversidearea blends timeless character with a modern, laid-back lifestyle.Set along the picturesque banks of the Arade River, this charmingquarter captures the essence of the Algarve where tradition,culture, and scenic beauty come together effortlessly.The wide promenade, lined with palm trees and traditionalPortuguese calçada, invites residents to stroll, dine, or simply take inthe views of fishing boats and elegant yachts moored in the nearbymarina. This area is rich in heritage, with beautifully preservedarchitecture and the iconic Portimão Museum just steps away atribute to the citys deep maritime roots.Convenience is key here. The riverside is just a short walk from avariety of local shops, boutiques, and daily amenities, as well as adiverse range of restaurants and cafés. Whether its a morningcoffee overlooking the water or a relaxed dinner after a day at Praiada Rocha, everything is within reach.Combining cultural depth with modern comfort, Portimãosriverside is the ideal setting for those seeking a unique lifestyle in anauthentic yet vibrant part of the Algarve.

House with garden and terracePortimao (Portugal)
Price :
$2,261,600
bedrooms8 bathrooms7

Its assets

In detail

Energy Performance Certificate

GreenHouse Gas emission