Riverfront House in Tavira: Dual-Use Residential and Commercial

€950,000

4 Rooms
3 Bedrooms
4 Bathrooms
190 m² Total surface
72 m² Plot surface

Description

Discover a unique investment opportunity with this exceptional riverfront property in the heart of Tavira. Perfectly positioned along the Gilão River, this building offers a blend of commercial potential and residential elegance, making it a prime choice for investors or those seeking a live-work lifestyle in a highly desirable location. Ground Floor: Versatile Commercial Space The ground floor features a licensed commercial space, currently operating as a stylish interior design shop. This space was previously a popular restaurant, complete with a charming terrace that overlooks the picturesque Gilão River. The commercial unit includes a fully equipped kitchen and two restrooms, offering flexibility for various business ventures, whether you wish to continue with retail, convert back to a dining establishment, or explore new opportunities. First Floor: Elegant Residential Duplex The upper floors are dedicated to a spacious and beautifully designed duplex apartment. This 3-bedroom residence is a masterpiece of architectural design, combining natural materials like cement floors, high wooden doors, built-in wooden wardrobes, and exposed stone walls. The stairs and bathrooms are adorned with intricately crafted mosaic tiles, while delicate ironwork adds character and charm, creating a harmonious blend of textures throughout the home. The second floor houses the living and dining areas, bathed in natural light thanks to strategically placed light columns and additional windows. This open and airy space is perfect for relaxation and entertaining, providing a seamless connection to the beauty of Tavira's historic surroundings. Prime Riverfront Location Located in the vibrant heart of Tavira, this property not only offers stunning river views but also places you within walking distance of the town's rich cultural heritage, restaurants, shops, and amenities. The dual-use nature of this property makes it an ideal investment, whether you’re looking to generate rental income, start a new business, or simply enjoy the convenience of living and working in one of Tavira’s most sought-after locations. Key Features: -Dual-Use Property: Ground floor commercial space with residential duplex above. -Prime Riverfront Location: Stunning views of the Gilão River and easy access to Tavira's amenities. -Versatile Commercial Space: Equipped kitchen, two restrooms, and a terrace—ideal for various business ventures. -Elegant Residential Design: Three bedrooms, three balconies, and a harmonious blend of natural materials. -Abundant Natural Light: Strategically placed light columns and windows create a bright and inviting atmosphere. This riverfront house captures the essence of Tavira’s rich history while offering modern comforts and unparalleled potential. For more information or to schedule a viewing, contact the Engel & Völkers Faro-Tavira team!

Features

Air-conditioningBalconyBuilt-in kitchenSea/Lake viewBuilt in wardrobeOpen view

Engel & Völkers Faro - Tavira

+351 938 533 413

Your advisor: Ron Isarin

Property ID: W-02WQ5F

Location: Tavira, Faro District

This property is located in Tavira downtown. The city offers a wide range of amenities and services, including renowned restaurants, cozy cafes, picturesque pastry shops, quality schools, and excellent private healthcare services. Moreover, Tavira is a short boat ride away from the stunning Tavira Island, a true paradise of golden sands and crystal-clear waters. For beach lovers, the magnificent beaches of Cacela Velha, Manta Rota, Altura, and Monte Gordo are just a 10-minute drive away, offering unforgettable days of sun and sea. Golf enthusiasts will also find their paradise in Tavira, with the prestigious Quinta da Ria & Quinta da Cima and Benamor golf courses just 10 minutes away. With convenient access to the A22 highway (Via do Infante), exploring the region is easy and convenient. And with Faro International Airport just 30 minutes away, your retreat in Tavira is always within reach. Don't miss this opportunity to live near one of the most charming cities in the Algarve. Contact us to learn more and schedule a visit!

Commission details

The Amounts related to outstanding fees of any kind, as well as registration costs for leases, must be paid by the owner. The mediator commission must be paid by the owner, as stipulated by the Portuguese law. Property availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot guarantee that it is accurate or complete at any time, therefore it cannot be relied to us any responsibility regarding that. This offer is subject to errors, omissions, price changes or withdrawal without notice, and it cannot be relied to us any responsibility for that.