Located on Taviras picturesque waterfront, this remarkable three-storey property combines elegant living with a sought-after commercial opportunity. Overlooking the tranquil Gilao River, the townhouse enjoys a privileged position in the heart of Taviras old townjust steps from the Roman bridge, riverside cafes, and the ferry to Ilha de Tavira. Offering rare dual functionality, its ideal for those seeking a home with income potential or a versatile investment in one of the Algarves most charming coastal towns. The upper levels comprise a private three-bedroom duplex apartment with a separate entrance. The first floor includes two en-suite bedrooms with built-in wardrobes and balconies, while the upper floor offers an additional en-suite bedroom, a bright open-plan kitchen and living space, and a generous balcony with sweeping views of the Gilao River. Traditional detailssuch as exposed stonework, tall wooden doors, and hand-painted tilesblend beautifully with contemporary finishes, creating a warm and timeless interior. The ground floor features a cosy and inviting commercial space, currently operating as a boutique cafe. This area includes an equipped kitchenette, indoor and outdoor seating, two bathrooms, and a useful storage room. Its layout and prime location make it perfectly adaptable for a range of ventureswhether as a bistro, retail boutique, wine bar, or continued hospitality use. The outdoor seating area offers a charming riverside atmosphere, where guests can enjoy the sights and sounds of Taviras vibrant old town. This waterfront property offers exceptional versatility, combining residential comfort with commercial value in one of Taviras most exclusive settings. Perfect as a permanent home, holiday residence, or rental investment, it represents a rare opportunity to own a piece of Taviras riverside charm. Features and fittings mentioned are subject to agreement and verification between the vendor and the buyer Energy rating: C Prime riverside location in Taviras historic old town Three-storey mixed-use property with commercial and residential units Private duplex apartment with three en-suite bedrooms Open-plan living area with kitchen and river-view terrace Ground-floor waterfront commercial space with kitchenette Flexible layout suitable for retail, gallery, or hospitality use Walking distance to the Roman bridge and ferry to Ilha de Tavira Elegant mix of traditional details and modern finishes Air conditioning, double glazing, and solar panels Ideal as a residence, lifestyle business, or long-term investment