Located in Marvila, at the beginning of the emblematic Rua Serpa Pinto — known as the historic “Rua Direita” — this property sits within one of the most dynamic areas of Santarém’s city centre. Santarém, in the heart of Portugal, is gaining renewed attention for its growing urban energy, with this area standing out for its strong commercial activity, restaurants and pedestrian flow. The building is arranged over three floors and three units, with a total area of approximately 330 sqm, including two residential units and one commercial unit. The ground floor, around 130 sqm, is fully refurbished and currently in operation, offering a well-established base that allows either continuity of the existing business or the development of a new concept. Thanks to its layout and location, the space lends itself to a variety of concepts — from a tapas restaurant or a contemporary seafood venue to a lighter, more modern concept such as a premium pastry shop with terrace and direct connection to the street. The upper floors require full renovation, representing a strong opportunity for residential, accommodation or mixed-use development. In the recent past, the property had an approved project — not executed — which proposed maintaining the commercial unit and creating two residential units (a one-bedroom apartment and a three-bedroom duplex). Its position between Rua Serpa Pinto and Praça Visconde Serra do Pilar enhances visibility, accessibility and connection to the surrounding area. Original features, such as tile details, add character and authenticity to the property. A property with strong investment potential in Santarém’s historic centre. For further information or to arrange a viewing: +351 933 900 600