Tavira Historic Centre Renovation Opportunity

Property with approved architectural project for two independent homes and a rooftop terrace. Strong investment potential in one of the Algarve’s most sought-after towns. This unique property combines preserved period character with a contemporary architectural vision, offering both lifestyle appeal and long-term investment potential within a prime urban location. ✦ Architectural Concept and Design Vision Carefully designed by a renowned architecture practice, the project is currently mid-renovation and thoughtfully configured to create two independent yet interconnected residences within one elegant building. The “Blue House”: Three-Bedroom Residence - Generous three-bedroom layout - Retention of original structural elements and historic detailing - Elegant proportions and authentic character features - Ideal for full-time residence or refined family living The “Red House”: Two-Bedroom Residence - Two-bedroom configuration, incorporating the ground floor guest bedroom - Private entrance ensuring autonomy and discretion - Contemporary interior concept creating a refined architectural contrast - Perfect for guest accommodation, rental income, or multigenerational living This intelligent redistribution of spaces enhances functionality and balance between the two homes, offering flexibility rarely found in Tavira’s historic centre, ideal for extended family use, a live-and-let strategy, or a boutique guest residence. ✦ Interior Comfort and Technical Features - Underfloor heating throughout all ground floor areas, as well as bathrooms and bedrooms on the upper floors, ensuring year-round comfort - Solar thermal panels for hot water, improving energy efficiency and reducing monthly costs - Discreet “wind-free” air conditioning system, integrated within ceilings for silent and invisible cooling during the summer months ✦ Interior Design and Materiality Ground Floor: “Blue House” Kitchen & Living Area - Highly modern kitchen with handleless, high-gloss white lacquered cabinetry - Premium 4 cm Silestone Blanco Zeus worktop, combining durability with a clean aesthetic - Distinctive flooring in traditional blue-and-white KOKLATT hydraulic mosaic tiles, creating a strong visual identity - Functional additions including a pantry/wine cellar (approx. 3.6 m²) and a separate guest WC First Floor - Beautifully restored wide-plank pine wood flooring (madeira de pinho) - Warm satin varnish finish enhancing the natural character of the material Second Floor - Striking high-pitched ceilings with exposed wooden beam structure, painted in white for a bright and airy atmosphere - Continuity of pine wood flooring throughout - Private suites with direct access to individual sun terraces, reinforcing privacy and indoor-outdoor living ✦ Preserved Heritage and Distinctive Façades - Traditional Portuguese tile façade meticulously preserved - Rehabilitation aligned with Tavira’s General Urban Development Plan - Dual street frontage between two parallel streets - Harmonious blend of historic identity and contemporary architecture The property represents a rare opportunity to complete a heritage rehabilitation project within a protected and highly desirable setting. ✦ Outdoor Living and Spatial Flow Arranged across multiple levels, the property maximises natural light, privacy and outdoor enjoyment, essential elements of refined Algarve living. Ground Floor - Private garage and storage area - Dedicated parking space - Guest bedroom with striking zenith lighting via skylights First Floor - Central exterior patio serving both residences - Bright open-plan living areas - Kitchen spaces designed for social interaction and natural flow Second Floor - Private bedroom quarters - Individual terraces for each bedroom - Elevated sense of privacy and retreat Rooftop Terrace - Expansive rooftop entertaining space - Panoramic views over Tavira’s charming skyline - Ideal for sunset dining and year-round outdoor living ✦ Prime Central Location Situated within Tavira’s prestigious historic centre, the property enjoys immediate access to: - Traditional restaurants and cafés - Boutique shops and artisan stores - Riverside walks along the Gilão - Cultural landmarks and daily amenities - Beaches and the Ria Formosa Natural Park within easy reach A highly sought-after setting for both national and international buyers seeking character property in the Eastern Algarve. ✦ Investment and Lifestyle Potential - Rare heritage property with approved architectural project - Flexible dual-living or income-generating configuration - Strong demand for character homes in central Tavira - Excellent long-term capital appreciation prospects A remarkable opportunity to complete a distinctive architectural project in one of the Algarve’s most picturesque and desirable towns, where history, design and lifestyle converge effortlessly. For additional information or to arrange a private viewing, Engel & Völkers Faro-Tavira will be delighted to assist you. We look forward to supporting you in securing your next exceptional property investment.