We present an exclusive property over 200 years old, located in the heart of Ferragudo, one of the Algarve's most iconic villages. This historic house, originally belonging to the great-great-granduncles of the current owner, stands out for its charm and authenticity, combining rustic character with modern conveniences that enhance comfort.This two-storey property features, on the ground floor, a commercial space of nearly 100 m², currently in operation, offering immediate and steady rental income. Alternatively, it can be converted into a residential area, pending a change of use application to the Lagoa Town Council. It also offers a spacious courtyard of nearly 40 m², perfect for enjoying outdoor tranquillity or exploring new possibilities for the space.Upstairs, with high ceilings and carefully restored wooden flooring, the first floor preserves period interior doors and shutters, blending comfort and modernity with air conditioning and double-glazed windows for enhanced thermal comfort and sound insulation.There are two bedrooms, one interior with a built-in wardrobe and the other more spacious and bright. The bathroom has been updated with modern finishes, bringing functionality and style.In the kitchen, you’ll find a blend of modernity and tradition, featuring an electric hob and recent cabinets, yet retaining the typical Algarve chimney. There is also an adjacent pantry with space for a washing machine.The private outdoor area includes a courtyard of over 30 m², equipped with a cistern, perfect for creating a relaxing environment or a garden.This two-century-old house is a true gem for those seeking a property with character, ideal for investors looking for immediate rental income or anyone wishing for a residence full of history in the centre of Ferragudo. Schedule your visit now and let yourself be charmed by this unique property!