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What is the cost of a family residence with rental potential in Silves?

Townhouse in Silves

ref. LG1997
764.490$ 705.683$
  • NA
  • 4
  • 6
  • 303m2
  • 212m2
  • Modern Construction

Exploring the cost of a family residence with rental potential in Silves? Look no further than this exceptional property, currently priced at €600,000. This bi-family home is a great investment, boasting modern features and ample space across its 4 bedrooms and 6 bathrooms. With great rental prospects, it's an ideal choice for buyers knowing the Algarve is a sought-after holiday destination.
Located just 1km from Silves centre, you're within easy reach of amenities and services. You’re also a short drive away from the beautiful beaches in Carvoeiro, just 15km away, adding to the rental appeal. Established in 2019, this townhouse features 303m² of expansive living space equipped with high-quality finishes.
This home is designed for versatility, providing opportunity for separate living arrangements for guests or extended family. With significant natural light from large picture windows and a stunning roof terrace, residents can enjoy splendid views and a peaceful atmosphere. Features such as double glazing and pre-installed air conditioning add further value.
Take advantage of this prime investment opportunity by contacting us today to learn more about viewing this property!

Usage
Residential
Type
Townhouse
Town
Silves
Parish
Silves
Municipality
Silves, Faro
Region
Algarve (West)
Construction Year
1951
Renovation Year
2019
Rooms
9
Bedrooms
4
Bathrooms
6
Floors
2
Living Area
303 m²
Usable area
303 m²
Plot Area
212 m²
Tarmac, Easy Access
Parking outdoors
Lounge/Dining
Balcony/Terrace, Roof Terrace
Open Plan, Modern
Storage, Laundry, Office/Study
Fitted Wardrobe
4 En-Suites, 2 Family Bathrooms
Pre-Installed AC, Pre-Installation for Fireplace
Solar (Water)
Double glazing
Courtyard
Panoramic View, Countryside View, Castle View
Modern Construction
• 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
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