This historic 19-room townhouse is currently on the market for €1,800,000. Located in the heart of Silves, just 260 meters from the city centre, this expansive property offers a unique opportunity for serious buyers looking to invest in real estate. With a vast living area of 616m² and a construction area of 881m², this property includes four spacious bedrooms, six bathrooms, and stunning architectural features like Rococo-style plaster ceilings. The picturesque central courtyard boasts a 47m² private pool, perfect for relaxing or hosting gatherings. The townhouse not only provides ample living space but also great potential for transformation into a boutique hotel with the right permits, ideal for investors seeking lucrative options. Silves is renowned for its rich history and vibrant culture, making it an attractive location for both residents and tourists. The local area features traditional restaurants, bars, and annual events, including the medieval festival along the river. Situated 14.2km from the nearest beach and close to essential amenities such as schools and golf courses, this property is perfect for families or as a holiday home. Additionally, it comes with modern utilities, including double glazing, solar panels, and air conditioning. Don’t miss out on this exceptional investment opportunity! Contact us now to schedule a viewing!
• Living Area 616m², Construction Area 881m²
• Plot 896m²
• Year of construction 1836, Year of Renovation 2007
• 4 Bedrooms, 6 bathrooms
• 2 Floors, 19 Rooms in total
• Private pool 47m² & courtyard
• Distance from beach 14.2km
This property was originally constructed in 1836 and boasts a construction area of 880m² with 19 rooms surrounding a large central courtyard with swimming pool. There is potential with the correct permission, to transform this large family residence into a boutique hotel with space for events/conferences/dining. It has stunning Rococo-style plaster ceilings and the whole property has a unique, ‘townhouse’ elegance. It has a large cobblestone courtyard, swimming pool and many large adjoining rooms and annexes that could be untilised as additional accommodation.
Silves region is renowned for its citrus growing, traditional Portuguese villages and architecture. A viewing of this property is highly recommended.
Main House
Ground Floor:
• Large entrance hall with staircase
• Study and storage
• Large reception room with log burner – ideal for events
• Utility room with outdoor access
First Floor
• 4 x double bedrooms with en-suite bathrooms
• Stairs to first floor terrace and storage
• Dining room with fireplace
• Lounge with fireplace
• Kitchen
• Music room
Annex 1 Ground Floor
• Hall
• Room currently used as Laundry room
• Corridor to ante-room with spiral staircase to 1 room
• Kitchen (with Pizza oven) and door to barbecue area
• Large room currently used as a games room
Other adjacent buildings:
• Large annex currently used as 3 car garage
• Shower room & WC
• Storage/Pantry
External:
• Swimming pool
• BBQ and dining area
Amenities
• Mains utilities
• Solar panels for hot water
• Double glazing throughout with original wooden shutters
• Air Conditioning in main house
• External lighting
• Alarm with CCTV
Location
• 14.2km to the ocean (Carvoeiro)
• 6.3km to the nearest golf course (Silves)
• 290m to nearest school
• 61.7km to Faro airport
• 260m city centre Silves
Other Info
• The property does not currently have a rental licence.
