Purchasing a residential property with guest rental options in the Algarve is an excellent investment opportunity, and this townhouse in Silves fits the bill perfectly. The property is designed as either a spacious family home or a bi-family residence, featuring a separate apartment and studio that can serve as guest rentals. The main house has 3 bedrooms and 4 bathrooms, ensuring comfort for larger families or groups. The layout allows for versatile living, making it easy to accommodate guests or provide rental space. Located just 1 km from the centre of Silves and 15 km from the beach, it offers both convenience and recreational opportunities for visitors. With potential rental income and a projected finishing cost of under €80,000, this property is ready for a buyer eager to make personal touches. Modern amenities, double glazing, and pre-installed air conditioning ensure comfort, while the roof terrace provides stunning views perfect for relaxation or entertainment. Invest in this promising property that merges luxury living with a smart business opportunity. Don't hesitate to contact us for more details!
• Living area 75m2 and 228m² Construction 303m²
• Year of construction 2019 onwards
• House on two floors 3 bedrooms 4 bathrooms
• Apartment 1 bedroom 1 bathroom
• Studio open plan with bathroom
• Double glazing
• Huge roof terrace
• Laundry room
• Walled and gated
• 15km to beach at Carvoeiro
This build is almost complete, it is pre-installed for air conditioning and wood or pellet burner. The kitchens and bathrooms are plumbed, and electricity is installed. On the huge roof terrace there is pre installation for solar panels and even provision for a swimming pool. The bedrooms have dedicated wardrobe areas. It has been well thought out to be used as a two or three generation home or a home with guest rental options.
The finishing has been quoted at just under €80.000 by a constructor who is ready to work with a new owner.
Ground floor
• Entrance door to courtyard
• Right side front door to large open plan living and kitchen area
• Large family bathroom
• Office/study or spare bedroom
• Stairway to bedrooms (to be installed)
• Terrace doors to small inner courtyard
• Left side front door to apartment with open plan living and kitchen area
• Bedroom
• Large bathroom
• Office/study or second bedroom
• Terrace doors to inner courtyard
• Exterior stairway to first floor
First floor
• Three bedrooms with en-suite, one with walk in dressing area.
- All with access to terrace and stairs to roof terrace
• Laundry room
• Studio plumbed for kitchen and bathroom with the idea to put a mezzanine bedroom
Amenities
• Mains electricity, water, and sewage
• Fibre optic internet in the area
Location
1km to Silves centre with all amenities
15km to beach at Carvoeiro
8km to Silves golf course
63km to Faro airport
