Turnkey Boutique Hospitality & Cultural Space in Prime Location - Portimão
- 11 Rooms
- 8 Bedrooms
- 7 Bathrooms
- ~383 m² Total surface
Description
A rare opportunity to acquire a fully operational and beautifully restored mixed-use property in the heart of Portimão’s 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 streams Strong visibility and loyal guest base High-demand Algarve tourism location with year-round appeal Perfect for lifestyle entrepreneurs, hoteliers, or creative investors looking for a distinctive asset Don't miss out on this rare opportunity and contact us for private viewings.