Investing in large townhouses in the Algarve has never been more attractive, especially this stunning 19-room property in Silves, priced at €1,800,000. With a generous plot size of 896m² and expansive living and construction areas, this property is ripe for conversion into a boutique hotel or guesthouse, making it a fantastic business opportunity. Currently, it features four double bedrooms and six beautifully designed bathrooms, ensuring ample space for guests or family. The charming cobblestone courtyard with a private pool offers an inviting outdoor space, enhancing its appeal for vacation rentals in this popular region. The property’s prime location allows easy access to Silves city centre and its historical sites, along with local restaurants and boutiques just a short stroll away. Its proximity to the beach, only 14.2 km away, and local golfing facilities just 6.3 km up the road, further solidifies its attractiveness for tourists. Combined with modern conveniences, including solar water heating and security features such as an alarm with CCTV, this townhouse presents a unique rental potential. Whether you seek a family residence or an investment opportunity, this property checks all the boxes. Explore this exceptional offering today—reach out to learn more!
• 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.
