Located in the heart of the historical Portimão, this one of a kind Palácio just inspires style and sophistication.

This townhouse is going through massive renovation (ready in April/May 2022) to be transformed into a fabulous modern house with the charm of a historical building.

Ideally located in a quiet street at only 1 minute walking distance from the River Arade with its beautiful path until the iconic Praia da Rocha, it can be perfect for a B&B or a spacious home or even split in 4 to 5 independants apartments.

Distributed over 4 floors, this property of more than 700m2 offers several areas. It has a spacious 7 bedrooms apartment with 2 roof terraces (539m2), an independant apartment of 3 bedrooms (126m2) and an annex that could be used as an office / storage (63m2).

The independent apartment with a modern fitted kitchen and 3 bedrooms is located on the street level, on the right side of the property.

The main apartment is on 4 levels and can be accessed from the street level through the front door on the left side of the property or through a magnificent, stylish staircase that leads to the main floor. This spacious apartment features on the street level, 2 ensuite bedrooms with a multipurpose area of 30m2, a bathroom and a patio. On the first floor, it has a fully fitted luxury kitchen and patio (with an outdoor staircase to the ground floor), dining area, living area, 4 bedrooms and 4 bathrooms. On the upper floor, 1 bedroom, a bathroom and a TV room are also available with access to the roof terraces of 100m2 on 2 levels with a BBQ/outdoor kitchen area and outdoor bathtub. These amazingly spacious rooftop terraces guarantee unforgettable days and evenings under the beautiful Algarvian sky.

Experience the very best in this incomparable Palácio, which has been designed for gracious living and renovated with high quality standards.