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Where can I find a historic investment townhouse with potential in the West Algarve?

Townhouse in Silves

ref. LG2154
11.043.180DKK
  • D
  • 4
  • 6
  • 616m2
  • 896m2
  • Alojamento Local

Discover a remarkable historic townhouse for sale in the heart of Silves, Algarve, perfect for buyers interested in investment opportunities. This unique property, originally constructed in 1836 and renovated in 2007, boasts 19 spacious rooms and a total living area of 616m², offering abundant potential for those looking to create a boutique hotel or family residence. With a private pool and a large courtyard, the 4-bedroom, 6-bathroom townhouse is well-suited for entertaining guests or hosting events.

Located just 14.2 km from the stunning ocean at Carvoeiro, this property is ideally situated amidst the charm of Silves' cobbled streets, ancient architecture, and cultural attractions such as the Moorish castle. Being close to restaurants and bars enhances its appeal as a multi-functional residence or an investment opportunity. The main house features a large reception room with a log burner, providing warmth and comfort, while the annex includes a games room and additional kitchens perfect for hosting.

With solar panels for hot water, air conditioning, and double glazing throughout, this townhouse combines modern amenities with its historic charm. The potential for transforming the property into a boutique hotel is immense, especially given the nearby annual medieval festival, drawing visitors to the area each summer.

Capitalize on the unique characteristics of this property—stunning Rococo-style plaster ceilings and spacious interiors are just a few highlights that set it apart. Explore the surrounding regions renowned for citrus cultivation, making it an attractive destination for both tourists and residents alike.

Schedule your viewing today and take a step towards owning a piece of history in one of Portugal's most enchanting locations!

Usage
Residential
Type
Townhouse
Town
Silves
Parish
Silves
Municipality
Silves, Faro
Region
Algarve (West)
Construction Year
1836
Renovation Year
2007
Rooms
19
Bedrooms
4
Bathrooms
6
Floors
2
Furnished
Negotiable
Living Area
616 m²
Usable area
881 m²
Plot Area
896 m²
Tarmac, Manual Entrance Gate
Garage
Formal Living Room
Balcony/Terrace
Fully Fitted, Fully Equipped
Dining Room, Music Room, Office/Study, Games Room, Laundry, Events Room, Storage
Fitted Wardrobe
4 En-Suites, 2 Family Bathrooms
AC, 2 woodburning fires, Solar water heating
Alarm System, Safe, Internet/Phone
Double glazing, Wooden Shutters
Swimming Pool
Private, Courtyard
Courtyard
Countryside View, Town View
• Living Area 616m², Construction Area 881m²
• Plot 896m²
• Year of construction 1836, Year of Renovation 2007
• 4 Bedrooms, 6 bathrooms
• 2 Floors, 19 Rooms in total
• Private pool 47m² & courtyard
• Distance from beach 14.2km

This property was originally constructed in 1836 and boasts a construction area of 880m² with 19 rooms surrounding a large central courtyard with swimming pool. There is potential with the correct permission, to transform this large family residence into a boutique hotel with space for events/conferences/dining. It has stunning Rococo-style plaster ceilings and the whole property has a unique, ‘townhouse’ elegance. It has a large cobblestone courtyard, swimming pool and many large adjoining rooms and annexes that could be untilised as additional accommodation.

Silves region is renowned for its citrus growing, traditional Portuguese villages and architecture. A viewing of this property is highly recommended.

Main House
Ground Floor:
• Large entrance hall with staircase
• Study and storage
• Large reception room with log burner – ideal for events
• Utility room with outdoor access

First Floor
• 4 x double bedrooms with en-suite bathrooms
• Stairs to first floor terrace and storage
• Dining room with fireplace
• Lounge with fireplace
• Kitchen
• Music room

Annex 1 Ground Floor
• Hall
• Room currently used as Laundry room
• Corridor to ante-room with spiral staircase to 1 room
• Kitchen (with Pizza oven) and door to barbecue area
• Large room currently used as a games room

Annex 2 Ground Floor
• Annex with 4 rooms
• Bathroom

Other adjacent buildings:
• Large annex currently used as 3 car garage
• Shower room & WC
• Storage/Pantry

External:
• Swimming pool
• BBQ and dining area

Amenities

• Mains utilities
• Solar panels for hot water
• Double glazing throughout with original wooden shutters
• Air Conditioning in main house
• External lighting
• Alarm with CCTV

Location

• 14.2km to the ocean (Carvoeiro)
• 6.3km to the nearest golf course (Silves)
• 290m to nearest school
• 61.7km to Faro airport
• 260m city centre Silves

Other Info

• The property does not currently have a rental licence.
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