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Mixed-Use Building, Commercial and Residential in the Historic Center of Portimão

REF: IA038 CN

Sale price
1 700 000 €

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493m²

383m²

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Mixed-Use Building, Commercial and Residential in the Historic Center of Portimão

Great business and investment opportunity, located in the heart of the Historic Center of Portimão.

Building with LOCAL ACCOMMODATION, BAR & RESTAURANT and CULTURAL SPACE in full operation.

Completely restored, with modernized facilities and systems (electrical, plumbing, security) while preserving the original architectural and historical features, this building comprises:

Ground Floor:

- Restaurant and Bar: Fully furnished, in a welcoming atmosphere, for meals or a relaxed Happy Hour. Equipped and functional kitchen.

- Cultural Space: Multipurpose space, ideal for various types of events, such as workshops, exhibitions, parties...

- Outdoor Patio: Pleasant and welcoming, with a garden, ideal for relaxed socializing.

- 3 Bathrooms

Upper Floor:

- Local Accommodation: With excellent guest reviews, it stands out for its welcoming atmosphere, with 5 bedrooms (3 en suite), cozy and well-decorated (with bathroom, air conditioning, Wi-Fi and terraces).

- Apartment (unrenovated) with kitchen, bathroom, terrace and 6 rooms.

Also, at the back of the building, attached, is another 2-bedroom apartment (without renovation).

Come and discover this fantastic business opportunity, pay us a visit, we look forward to seeing you.

Portimão is one of the most popular tourist destinations in the Algarve, southern Portugal. Here is a comprehensive overview of Portimão, covering various aspects:

Portimão is located in the Algarve region, on the south coast of Portugal. It is the second largest municipality in the Algarve in terms of area and population.

It borders the municipality of Monchique to the north, Silves to the east, and Lagos to the west.

The geography is marked by golden sandy beaches, steep cliffs, and an inland landscape characterized by hills and valleys.

Portimão boasts some of the most stunning beaches in the Algarve, including the famous Praia da Rocha, known for its extensive stretch of sand and impressive rock formations.

In addition to Praia da Rocha, there are other popular beaches such as Praia do Vau, Praia dos Três Irmãos, and Praia do Alvor.
The cliffs and rock formations along the coast offer opportunities for hiking and stunning panoramic views over the Atlantic Ocean.

Tourism is an essential part of Portimão's economy, attracting visitors from all over the world throughout the year.

Key attractions include the Santa Catarina Fortress, offering panoramic views of the coast and the Arade River, and the Portimão Museum, which showcases the history of the canning industry in the region.

The Portimão Marina is another major attraction, offering facilities for yachtsmen and a variety of shops, restaurants, and bars by the sea.

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Property Features

Air conditioning
Wardrobes
Equipped kitchen
Pantry
WCs: 7
Shops: with kitchen, Fire Detector, Alarm, with toilet, Furnished, Air conditioning
Iluminação pública
Ligação a rede de água
Ligação a rede de Saneamento
Year of construction: 2017
Garden
Double glazing
Energy certificate: B
Terrace
Furnished
Land Type: Urban