Excellent business and investment opportunity, located in the heart of the Historic Centre of Portimão, one of the most authentic and sought-after areas of the city, with a strong tourist influx throughout the year.
This mixed-use building, currently in full operation, includes Local Accommodation, Bar & Restaurant and Cultural Space, representing a distinctive and highly profitable concept.
Completely restored, the property has undergone extensive modernisation of its electrical, hydraulic and security infrastructure, carefully preserving its original architectural and historical features, which give it identity, charm and heritage value.
________________________________________
Property Layout
Ground Floor
* Restaurant & Bar
Fully furnished and equipped, with a welcoming and versatile atmosphere, ideal for meals, private events or leisure activities such as happy hour.
Functional and equipped kitchen.
* Cultural Space
Multipurpose area with enormous potential for workshops, exhibitions, cultural events, private or corporate parties, contributing to the diversification of revenue sources.
- 20,000-litre water tank, filtered for domestic use.
* Outdoor Patio
Pleasant outdoor space with garden, perfect for socialising and outdoor events.
* 3 Bathrooms
________________________________________
Upper Floor
* Local Accommodation
Unit with excellent guest reviews, comprising 5 bedrooms, 3 of which are en-suite, all comfortable and well decorated, equipped with private bathroom, air conditioning, Wi-Fi and terraces, providing a high-quality experience for visitors.
* Additional flat (in need of refurbishment)
With kitchen, bathroom, terrace and 6 rooms, offering high potential for appreciation, whether for housing, long-term rental or expansion of the tourist concept.
________________________________________
Annex
• 2-bedroom flat (without refurbishment) located at the rear of the building, ideal for redevelopment and increasing the overall profitability of the investment.
________________________________________
Location & Tourist Potential
Portimão is one of the most important tourist destinations in the Algarve, benefiting from a privileged location on the south coast of Portugal. The municipality is renowned for its excellent beaches, namely Praia da Rocha, as well as its proximity to other iconic beaches such as Praia do Vau, Três Irmãos and Alvor.
The city also offers:
* Portimão Marina, which is highly sought after by tourists and has quality infrastructure
* Portimão Museum and Santa Catarina Fortress, reinforcing the cultural aspect
* Strong tourist activity throughout the year, driven by the climate, events and diverse offerings.
Its location in the Historic Centre guarantees authenticity, high foot traffic, proximity to shops, services and tourist attractions, making this property particularly attractive to investors seeking immediate returns and medium to long-term appreciation potential.
________________________________________
Conclusion
A unique opportunity for those looking for a distinctive property, with an existing business, multiple uses and high growth potential.
* Schedule your visit now and discover the full potential of this exceptional investment in Portimão.

House with terracePortimao (Portugal)
Price :
$2,219,600
($4,497 / m²)
Surface494 m²bedrooms8 bathrooms7 land0 ha

Its assets

In detail

Energy Performance Certificate

GreenHouse Gas emission