Commercial Space Or Historic 5 Bedroom Residence | Palácio Santa Isabel, Portimão

This exceptional property in the Riverside Area of Portimão presents a unique opportunity to create a distinctive commercial space or a luxurious 5-bedroom townhouse. The project for this 5-bedroom townhouse offers 460 m² of gross area. The ground floor features an open-plan layout that integrates the living room and kitchen in a fluid and bright environment. This level also includes a storage room, laundry area, bathroom, a hammam, and an elevator that ensures full convenience when accessing the different floors.

The first floor is dedicated to the private area, with three bedrooms, all with en-suite bathrooms, ensuring privacy and comfort. On the second floor there are two additional bedrooms, also with en-suite bathrooms, one of which is complemented by a walk-in closet. This floor also features a balcony with direct access to the rooftop terrace, where a swimming pool and panoramic views over the Arade River stand out—an ideal space for leisure, socializing, and relaxation. The property also includes a garage, enhancing everyday practicality.

Alternatively, with its high visibility and central access, the property is also well suited for commercial use—imagine an elegant café, a bakery, or a contemporary office. The property offers strong potential as a family residence, a charming hospitality project, or a premium investment, benefiting from the combination of historic architecture and modern amenities.

Beyond its charm, a Roman ruin was discovered beneath the building. This remarkable feature will be preserved beneath glass, ensuring it remains an integral part of the property. Future owners will be able to enjoy this unique historical element daily, beautifully blending the site’s rich heritage with contemporary living.

The location, in Portimão’s riverside area, is one of its greatest attractions. Just a few steps from Praça Manuel Teixeira Gomes, the property offers proximity to shops, restaurants, services, and leisure spaces, all within walking distance. Views over the Arade River and the dynamic urban environment provide a vibrant lifestyle with the serenity typical of the waterfront.