Your Property Specialists
Stairs
Full Screen

How can I invest in a property with boutique hotel potential in Silves, Algarve?

Townhouse in Silves

ref. LG2154
11.043.180DKK
  • D
  • 4
  • 6
  • 616m2
  • 896m2
  • Alojamento Local

Wondering how to invest in a property with significant boutique hotel potential in Silves, Algarve? This stunning 19-room townhouse located in the heart of Silves offers limitless possibilities for the investor-minded buyer. Completed in 1836 and renovated in 2007, this property features 4 bedrooms and 6 bathrooms, spread across a generous 616m² of living area, along with a private swimming pool and a charming courtyard.

With its unique Rococo-style plaster ceilings and multiple large rooms, the townhouse holds immense potential for transformation into a boutique hotel or guesthouse. Positioned just minutes from Silves' historical centre and 14.2 km from the beach, it attracts tourists who are eager to experience the rich culture and history of the region. Imagine hosting guests in a beautifully designed space, showcasing the architectural elegance while providing modern comforts.

Silves is celebrated for its rich heritage and vibrant community, making it an ideal setting to invest in and develop a hospitality venture. The property is nearby essential amenities, including restaurants, bars, and local attractions, creating a prime location for both leisure and exploration.

Holding the possibility to create a dining area for events and conferences, this property makes for a wise investment choice with significant ROI potential. Buyers will enjoy the traditional Portuguese charm that draws guests annually to the area for events like the renowned medieval festival.

Are you ready to turn this historic townhouse into your next successful investment? Contact us today to discuss potential developments and arrange a viewing!

Usage
Residential
Type
Townhouse
Town
Silves
Parish
Silves
Municipality
Silves, Faro
Region
Algarve (West)
Construction Year
1836
Renovation Year
2007
Rooms
19
Bedrooms
4
Bathrooms
6
Floors
2
Furnished
Negotiable
Living Area
616 m²
Usable area
881 m²
Plot Area
896 m²
Tarmac, Manual Entrance Gate
Garage
Formal Living Room
Balcony/Terrace
Fully Fitted, Fully Equipped
Dining Room, Music Room, Office/Study, Games Room, Laundry, Events Room, Storage
Fitted Wardrobe
4 En-Suites, 2 Family Bathrooms
AC, 2 woodburning fires, Solar water heating
Alarm System, Safe, Internet/Phone
Double glazing, Wooden Shutters
Swimming Pool
Private, Courtyard
Courtyard
Countryside View, Town View
• 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

Annex 2 Ground Floor
• Annex with 4 rooms
• Bathroom

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.
Enquire Now   +