Tavira Historic Centre Renovation Opportunity

€1,200,000

10 Rooms
5 Bedrooms
6 Bathrooms
~392 m² Total surface
~191 m² Plot surface

Description

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. ✦ 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” – Four-Bedroom Residence - Generous four-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” – Contemporary One-Bedroom Residence - Self-contained one-bedroom unit - Private entrance for autonomy and discretion - Modern interior concept creating a striking architectural contrast - Perfect for guest accommodation, rental income, or multigenerational 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 aesthetics ✦ 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 area - Kitchen space 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, leisure and year-round outdoor living ✦ Investment and Lifestyle Potential - Rare heritage property with approved architectural project - Flexible residential or income-generating configuration - Strong demand for character homes in central Tavira - Excellent long-term capital appreciation prospects 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.

Features

Air-conditioningBalconyBuilt-in kitchenGaragePatioBuilt in wardrobeGuest toiletOpen view

Engel & Völkers Faro-Tavira

+351 938 533 413

Your advisor: Adriana Jesus

Property ID: W-04895R

Location: Tavira, Faro District

Positioned within the historic centre of Tavira, one of the Algarve’s most authentic and architecturally captivating towns, this property represents an exceptional opportunity for renovation, value creation and long-term capital growth. ✦ Outstanding Central Location Set along a charming traditional street, the property enjoys immediate access to Tavira’s most iconic landmarks and daily amenities. - Just moments from the Roman Bridge and the picturesque Gilão River - Surrounded by traditional cafés, independent boutiques and cultural heritage sites - Walking distance to pharmacies, banks, private clinics, schools and public services - Immersed in an established residential setting with strong year-round appeal ✦ Tourism Appeal and Coastal Proximity Tavira continues to attract both national and international visitors, driven by its preserved architecture, riverside atmosphere and proximity to outstanding beaches. - Short stroll to the riverside promenade and ferry terminal to Tavira Island - Located in one of the town’s most visited and vibrant areas - Under 15 minutes from renowned Eastern Algarve beaches, including: - Praia do Barril - Terra Estreita - Cabanas de Tavira - Excellent potential for short-term rental income or boutique hospitality concept ✦ Leisure, Golf and Connectivity Beyond its cultural charm, Tavira offers excellent infrastructure and access to leisure facilities. - Close to prestigious golf courses such as: - Benamor Golf - Quinta da Ria - Monte Rei Golf & Country Club - Easy access to the A22 motorway (Via do Infante) - Approximately 30 minutes from Faro International Airport ✦ Investment Potential - Rare opportunity within Tavira’s historic core - Strong demand for centrally located renovation projects - High prospects for capital appreciation - Flexible potential for residential redevelopment or income-generating use With its strategic location, authentic character and growing market demand, this property offers a compelling proposition in one of the Algarve’s most charming urban centres.