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.
Located in one of the most historic parts of Portimão, the riverside
area blends timeless character with a modern, laid-back lifestyle.
Set along the picturesque banks of the Arade River, this charming
quarter captures the essence of the Algarve – where tradition,
culture, and scenic beauty come together effortlessly.
The wide promenade, lined with palm trees and traditional
Portuguese calçada, invites residents to stroll, dine, or simply take in
the views of fishing boats and elegant yachts moored in the nearby
marina. This area is rich in heritage, with beautifully preserved
architecture and the iconic Portimão Museum just steps away – a
tribute to the city’s deep maritime roots.
Convenience is key here. The riverside is just a short walk from a
variety of local shops, boutiques, and daily amenities, as well as a
diverse range of restaurants and cafés. Whether it’s a morning
coffee overlooking the water or a relaxed dinner after a day at Praia
da Rocha, everything is within reach.
Combining cultural depth with modern comfort, Portimão’s
riverside is the ideal setting for those seeking a unique lifestyle in an
authentic yet vibrant part of the Algarve.
