The investment potential of this family home in Silves is remarkable, especially considering its proximity to the town centre, just 1km away. With the growing demand for quality properties in the Algarve, this bi-family townhouse offers a unique investment opportunity. Priced at €600,000, it features four bedrooms and six modern bathrooms, making it suitable for both family living and potential short-term rentals. The spacious layout with an open plan living area allows for versatile use, attracting a wide range of tenants. Additionally, the property includes a massive roof terrace that presents stunning views of Silves castle and the Algarve countryside, enhancing its rental appeal. Built in 2019, the home benefits from modern construction standards, which helps reduce maintenance costs, ensuring better ROI for investors. The thriving local market and nearby amenities, including beautiful beaches just 15km away, strengthen its position as a strong rental asset. With the option to customise interior finishing, potential owners can further increase its value. Investing in this property is a decision that promises both lifestyle and financial rewards. Contact us now to seize this opportunity!
• 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
