Historic Building with Garden in Tavira Centre

Unique Algarve investment opportunity with generous outdoor space, premium renovation potential and possibility for a multifamily project.  In the heart of Tavira’s Historic Centre, among Portuguese cobblestone streets, traditional façades, and the authentic atmosphere that makes this city one of the most sought-after in the Algarve. With a striking presence and a size that is rare in the city centre, this building offers a hard-to-find combination: a prime location, a large private garden, and multiple real estate development possibilities. The charm of traditional Algarve architecture, combined with the versatility of its interior and exterior areas, allows for different premium renovation concepts. The large private garden, with over 850 m², creates a unique atmosphere of tranquillity and privacy right in the city centre. An uncommon outdoor space that can be transformed into a true urban retreat, ideal for leisure areas, a swimming pool, landscaped gardens, and private parking. Spread over ground floor, first and second floors, the building currently comprises seven independent units, including residential, retail and services, preserving various traditional elements and common areas with high potential for architectural enhancement. Its strategic location allows you to enjoy Tavira’s typical lifestyle, with quick access to the beaches of Tavira Island, golf courses, the marina, essential services and the A22, with Faro International Airport approximately 35 minutes away. ✦ Property Highlights - Historic building located in Tavira’s Historic Centre - Excellent real estate investment opportunity in the Algarve - Total plot area: 1,192 m² - Building footprint: 282 m² - Gross construction area: 822.82 m² - Building distributed over ground floor, 1st and 2nd floors - Private garden with 851.64 m² - 7 independent units comprising residential, retail and services - Possibility of residential or tourist renovation - Potential to create luxury apartments in Tavira - Feasibility for a multi-family project with swimming pool and garages - Possibility of conversion into a prestigious single-family residence - Rare outdoor spaces in the city centre - Balconies, interior patios and traditional oven - High potential for heritage value appreciation - Premium location close to shops, restaurants and services ✦ Unit Composition Unit A – Ground Floor | Services/Retail - Gross area: 54.46 m² - Commercial area - Bathroom - Two storage areas - Access to the large rear yard/private garden Unit B – Ground Floor | 2-bedroom apartment - Gross area: 125.96 m² - Living room - Kitchen - Two bedrooms - Storage Unit C – Ground Floor | 2-bedroom apartment - Gross area: 92.28 m² - Living room - Two bedrooms - Kitchen and pantry - Small outdoor yard Unit D – 1st Floor | 1-bedroom apartment - Gross area: 107.29 m² - Living and dining room - Kitchen - Balconies - Three storage rooms Unit E – 1st Floor | 2-bedroom apartment - Gross area: 115.95 m² - Living and dining room - Two bedrooms - Balcony - Storage Unit F – 2nd Floor | 2-bedroom apartment - Gross area: 107.05 m² - Two living rooms - Two bedrooms - Kitchen - Two balconies Unit G – 2nd Floor | 1-bedroom apartment - Gross area: 116.66 m² - Kitchen - One bedroom - Two living rooms - Balconies and storage ✦ Common Areas and Infrastructure - Entrance hall and access stairs - Shared patio on the ground floor - Shared balconies on the first floor - Patio on the second floor - Traditional oven - Rooftop terrace - Original structure with high architectural value - Main water and electricity networks Engel & Völkers Faro-Tavira is at your disposal to provide more information or schedule a private viewing. We are available to help you carry out your next real estate investment with confidence, security and success.