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The Palace for Rehabilitation is located in the heart of the historic center of Portimão, located on the charming Rua do Comércio, a pedestrian street full of charm and personality. The building's majestic and imposing façade dominates the shopping street, attracting the attention of everyone who passes by. The property has a gross area of 940m². There is a project study of 7 apartments in the historic center of Portimão, a unique opportunity for those looking to invest in properties with economic potential. The area can be multiplied by reducing the existing high ceilings after licensing, making it possible to build a restaurant with a terrace on the pedestrian street or even a Local Accommodation or Hotel, with excellent living areas. But it's not just the investment possibility that makes this Palace a unique place. With a ceiling height of up to 3.5 m, it is possible to create 7 beautiful homes, offering comfort and sophistication to their future residents. If you are looking for a property in a prestigious location, with a welcoming atmosphere and rich history, this is the perfect place for you. Portimão is a city located on the west coast of Portugal, in the district of Faro. Known for its natural beauty and for being an important tourist destination, Portimão is home to incredible beaches, such as Praia da Rocha and Praia dos Três Castelos, as well as beautiful gardens, parks and the Arade Estuary Nature Reserve. The city is also renowned for its rich history and cultural heritage, with old buildings and historic monuments, including the Church of Our Lady of the Conception, the Alvor Watchtower, and the Fort of Santa Catarina. In addition, Portimão has a vibrant cultural scene, with a theater, art galleries, and a series of festivals and events throughout the year. In short, Portimão is a vibrant and charming city that offers a wide range of activities for all types of travelers. If you are looking for stunning beaches, rich history, incredible cuisine and lively nights, Portimão is the right choice. - Established in Portugal over 20 years ago, Casas do Sotavento is a prestigious family business that stands out for the high quality standard of its products, projects and services. Recognized both in Portugal and abroad, the company's mission is to provide an 'uncomplicated' and smooth experience to its clients, employees, partners and investors. Casas do Sotavento's commitment is to treat everyone with the same respect and attention that they like to receive. This philosophy is reflected in every stage of the processes and the business relationship, from the choice of the property to the final delivery, with a focus on transparency, rigor and appropriateness in all interactions. If you are looking for a reliable and experienced company to help you find the property or investment that meets your expectations, Casas do Sotavento is your trusted partner.