€157,000

In the heart of Tavira, one of the most charming and authentic cities in the Algarve, you'll find this ruined property with 55 m² of space, brimming with potential and character. Located in a central and quiet area, this is a rare opportunity for those looking to create value through renovation in one of the region's most desirable locations. With the possibility of building up to two stories, this property allows you to imagine different solutions, from a contemporary villa with traditional features to a small multi-family building that can accommodate several accommodation units. Whatever the project, the end result will always benefit from the unique atmosphere of Tavira's historic center. Tavira is a city that combines authenticity, tradition, and quality of life, where every street tells a story. Living or investing here means becoming part of a landscape made up of white houses, cobblestone streets, and the charm of the banks of the Gilão River. Just steps from the property, you'll find cozy cafes, traditional restaurants, the municipal market, local shops, and all essential services, everything that makes daily life practical, inspiring, and soulful. Besides its residential value, this property represents an excellent investment for those looking to invest in urban renewal or tourist accommodation, sectors that are rapidly expanding in the city. Tavira continues to attract visitors and new residents seeking a balance between historic charm and the Algarve lifestyle. Property Highlights: Total area: 55 m² Possibility of building up to 2 floors Central location, close to the Gilão River and all amenities Excellent potential for appreciation through renovation Ideal for a residential project or tourism investment Located in one of Tavira's most sought-after and authentic areas This is an opportunity to breathe new life into a historic space, transforming it into a modern retreat in the city center, or into a solid and sustainable investment in one of the Algarve's most robust real estate markets. Discover the potential of this property and imagine the future that could emerge here in the vibrant heart of Tavira.