The price for a newly built 4-bedroom home in Algarve, particularly in Silves, is currently listed at €600,000. This impressive bi-family townhouse is situated in a peaceful area and features expansive living spaces with four bedrooms and six bathrooms, ideal for families or as a rental investment. With a total construction area of 303m², the home offers considerable value, especially given its prime location only 1km from the heart of Silves. The modern design is complemented by a large roof terrace that provides breathtaking views of the countryside and historic Silves castle. The property is nearly complete, allowing you to finish it to your own personal taste and enhance your investment’s appeal. Nearby amenities, such as shops and restaurants, are easily accessible, while the stunning beaches of Carvoeiro lie just 15km away. With excellent rental potential, this property is perfect for buyers looking to capitalise on Algarve's vibrant real estate market. Don't hesitate to explore this opportunity further, contact us today for more details!
• 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