Investing in this newly built property in Silves, Algarve, is a splendid decision for those looking to tap into the real estate market with promising rental potential. Listed at €600,000, the property features four bedrooms, six bathrooms, and a self-contained studio, making it ideal for generating rental income. The living area covers 75m² with a total construction size of 303m², providing ample space for diverse living arrangements. Located just 1km from Silves centre and 15km from the beach at Carvoeiro, both locals and tourists are drawn to this attractive area. Built in 2019, the residence offers developer flexibility, allowing the new owner to choose their own finishes, while the pre-installation for air conditioning and solar panels enhances its market appeal. This bi-family layout is designed for versatility and ease, with en-suite bathrooms and significant open plan spaces, making it very desirable for modern living. Additionally, its proximity to the renowned Silves golf course further boosts its investment value. Take advantage of this opportunity and reach out today to explore this promising property!
• 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
