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Charming 18th Century Gem: Boutique Hotel or Private Residence in Tavira's Historic Center
Tavira, Faro, Portugal, 8800-637
REF: 800467
€2,400,000
Description
Nestled on the fringes of the iconic Bishop Square in the heart of Tavira's historic center, this 18th-century gem exudes timeless charm and sophistication. Tavira, renowned for its architectural splendor, culinary delights, and vibrant cultural scene, sets the stage for a life of unparalleled elegance and refinement.This characterful residence underwent meticulous renovation, marrying historical allure with modern comforts, while retaining its authentic architectural features. Presently serving as a distinguished boutique hotel, it offers endless possibilities for conversion into a private family sanctuary or a captivating commercial venture. With dedicated areas for dining and retail, there's ample scope for customization to suit your lifestyle. Spread across three levels, the main residence is accessed via a grand entrance from the square or a quaint alley leading to the tranquil patio garden. Inside, discover five spacious en-suites, each boasting private bathrooms, ample storage, and air conditioning, some featuring cozy sitting areas or secluded outdoor terraces. The residence further comprises an elegant living room overlooking the square, a versatile office space, a fully equipped kitchen, and a dining area opening onto the enchanting patio garden with its inviting pool a sanctuary amidst the bustling city. Notable architectural elements include the ornate façade, traditional "4 Aguas" rooftops, and the majestic timber framework adorning the attic rooms, alongside the imposing central staircase crafted from solid stone a testament to the property's rich heritage. Escape the crowds and immerse yourself in Tavira's authentic ambiance, where cultural treasures await at every turn. From pristine beaches to the enchanting Ria Formosa Park, the area offers a myriad of attractions, including world-class golf courses within easy reach. With Faro airport just 35 minutes away, seize the opportunity to own a slice of history in this captivating Algarvian town.
Nestled on the fringes of the iconic Bishop Square in the heart of Tavira's historic center, this 18th-century gem exudes timeless charm and sophistication. Tavira, renowned for its architectural splendor, culinary delights, and vibrant cultural scene, sets the stage for a life of unparalleled elegance and refinement.This characterful residence underwent meticulous renovation, marrying historical allure with modern comforts, while retaining its authentic architectural features. Presently serving as a distinguished boutique hotel, it offers endless possibilities for conversion into a private family sanctuary or a captivating commercial venture. With dedicated areas for dining and retail, there's ample scope for customization to suit your lifestyle. Spread across three levels, the main residence is accessed via a grand entrance from the square or a quaint alley leading to the tranquil patio garden. Inside, discover five spacious en-suites, each boasting private bathrooms, ample storage, and air conditioning, some featuring cozy sitting areas or secluded outdoor terraces. The residence further comprises an elegant living room overlooking the square, a versatile office space, a fully equipped kitchen, and a dining area opening onto the enchanting patio garden with its inviting pool a sanctuary amidst the bustling city. Notable architectural elements include the ornate façade, traditional "4 Aguas" rooftops, and the majestic timber framework adorning the attic rooms, alongside the imposing central staircase crafted from solid stone a testament to the property's rich heritage. Escape the crowds and immerse yourself in Tavira's authentic ambiance, where cultural treasures await at every turn. From pristine beaches to the enchanting Ria Formosa Park, the area offers a myriad of attractions, including world-class golf courses within easy reach. With Faro airport just 35 minutes away, seize the opportunity to own a slice of history in this captivating Algarvian town.
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Currency Exchange
Tavira, Faro, Portugal, 8800-637
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €2,400,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €2,400,000 | £1,987,944 | £2,062,680 | £74,736 |
| Property Price € | €2,400,000 |
| Minimum cost in the last six months | £1,987,944 |
| Maximum cost in the last six months | £2,062,680 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £74,736 |
Tavira, Faro, Portugal, 8800-637
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €2,400,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €2,400,000 | £1,987,944 | £2,062,680 | £74,736 |
| Property Price € | €2,400,000 |
| Minimum cost in the last six months | £1,987,944 |
| Maximum cost in the last six months | £2,062,680 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £74,736 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £74,736 more.
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