Are you looking for an affordable newly built bi-family residence in the Algarve? This exceptional property, listed at €600,000, is a fantastic opportunity to invest in a modern home tailored for multi-generational living. Located in Silves, this private gated residence comprises a main townhouse with 3 bedrooms and an additional one-bedroom apartment, offering versatility for families or rental options.
With a total construction area of 303m2, this residence can accommodate a large family while also providing independent living space for guests or tenants. The home is designed to be finished to your taste, allowing you to add personal touches and enjoy a space that truly feels like home. The property features a generous roof terrace with remarkable views over the rural Algarve countryside and the iconic Silves Castle.
Built with modern materials in 2019, it includes double glazing, pre-installed air conditioning, and provisions for a swimming pool, making it a secure and comfortable investment. The open-plan living areas are bright and inviting, with easy access to outdoor spaces, perfect for entertaining or simply enjoying the sunny Algarve climate.
The convenience of this location cannot be overstated—just 1km from Silves town centre, making shops, cafes, and restaurants easily accessible. Furthermore, being only 15km from the beach at Carvoeiro and 8km from the nearest golf course adds to this property’s appeal. Whether you're looking for a permanent residence or a holiday home with rental potential, this bi-family dwelling offers a compelling option. Explore the potential of this unique property today by contacting us for more information!
• 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
