This historic 19-room townhouse in the heart of Silves, Algarve, offers excellent investment potential as a boutique hotel. With stunning Rococo-style plaster ceilings, this property could be transformed into a unique accommodation destination with the right permissions. Featuring 4 spacious bedrooms and 6 bathrooms, there is ample room for guests, along with a large courtyard and a private swimming pool measuring 47m², providing a luxurious touch for visitors.
Located just 14.2 km from the beach and 290 metres from the city centre, the townhouse is perfectly positioned near local attractions, including the renowned Moorish sandstone castle and various shops and restaurants. This prime location is ideal for tourists looking for a unique cultural experience in the Algarve.
The property was originally built in 1836 and has a total construction area of 881m² on a generous plot of 896m². This townhouse's architecture and historical charm present a unique opportunity for buyers looking to invest in the booming boutique hotel market in Silves.
The potential for hosting events, conferences, or dining experiences adds to the property's appeal, making it an attractive option for culinary and event-driven tourism. With modern amenities like air conditioning and solar panels for hot water, this property marries traditional elegance with contemporary convenience.
For serious buyers, a viewing of this property is highly recommended to assess its full potential. Contact us now to explore this exciting 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.
