Investing in multi-family residences in Silves presents an incredible opportunity, particularly with this unique property consisting of a T3+1 townhouse, a T1+1 apartment, and a studio. The total usable area of 303m² allows for a diverse range of tenant options. Given its nearly completed state and customizable finishing potential, someone looking to enter the rental market can make a significant return on investment. The townhouse is configured with three spacious en-suite bedrooms, ideal for established families seeking rental options. Contemporary living styles are accommodated with an open-plan design and dedicated laundry space. The T1+1 apartment and a studio allow for potential guest rentals, ensuring versatile occupancy throughout the year. Located just 1km from the town centre in a family-friendly neighbourhood, it promises steady demand among locals and visitors alike. The close proximity to amenities, golf courses, and the stunning beaches of Carvoeiro solidifies its appeal. The area is known for its tranquil lifestyle yet robust tourist activity, increasing the potential for high rental yields. Moreover, with a total roof terrace offering stunning countryside views as an added attraction, this property stands out in the market. Discover the potential of this multi-family residence today and contact 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
