Investors looking for a property with guest rental options will find this townhouse in Silves to be an exceptional opportunity. Priced at €600,000, this residence features a flexible layout that includes a main townhouse with three bedrooms and a separate one-bedroom apartment, perfect for generating additional rental income. Located in a peaceful yet accessible neighbourhood, it provides easy access to Silves town centre and local amenities.
The townhouse boasts a total construction area of 303m2, allowing for spacious living and entertaining. Additionally, the modern design and high-quality finishes attract both long-term tenants and holidaymakers alike. With the application of the right finishing touches—which have been quoted at approximately €80,000 by a local contractor—you can significantly increase the property's value and appeal.
Each of the three main bedrooms comes with en-suites, which is a strong selling point for potential renters. Furthermore, the property features a large roof terrace that provides stunning views of the Algarve countryside and Silves Castle, offering an idyllic setting that attracts tourists year-round. The open-plan layout is ideal for entertaining, making it appealing to guests looking for a comfortable stay.
With the property being just 15km from Carvoeiro beach and a short drive from Silves golf course, it presents excellent rental potential in a sought-after area. Given the growing popularity of the Algarve as a tourist destination, the investment opportunity here is substantial. Don’t miss out—reach out to us today to learn more about how this property can work for you!
• 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
