This unique 19-room townhouse in Silves, Algarve, is currently on the market for €1,800,000. Perfect for buyers looking to invest in a property with boutique hotel potential, this stunning residence can be transformed into a charming hospitality establishment with the right permissions. Originally built in 1836 and extensively renovated in 2007, the property boasts an impressive living area of 616m² and offers a total of 881m² of construction across 19 spacious rooms. Located in the heart of Silves, just 14.2 km from the beach, this townhouse's prime location offers access to local heritage attractions, including the famous red Moorish castle. With a large cobblestone courtyard and a private pool of 47m², it presents an opportunity for relaxation and events alike. The beauty of the Rococo-style plaster ceilings adds to the elegance of this property. The townhouse features a generous layout that includes 4 double bedrooms, each with en-suite bathrooms, as well as multiple reception and dining areas ideal for entertaining. The vicinity also showcases local restaurants and bars that support a vibrant lifestyle. Explore the investment potential with options for events and conferences, making this property a versatile choice. A viewing is highly recommended to appreciate its unique offerings. Contact us to learn more about this exceptional investment opportunity!
• 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.
