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Where can I find luxury townhouses for investment in Algarve?

Townhouse in Silves

ref. LG2154
1.480.000€
  • D
  • 4
  • 6
  • 616m2
  • 896m2
  • Alojamento Local

If you're in search of luxury townhouses for investment in the Algarve, look no further than this exceptional property in Silves. Originally constructed in 1836, this large townhouse combines historic charm with modern elegance, featuring 19 rooms spread over two floors. With a price of €1,480,000, this 4-bedroom residence has been renovated to provide luxurious living while maintaining its original character, including exquisite Rococo-style plaster ceilings. Its spacious layout allows flexible living options or can be envisioned as a boutique hotel or events venue with proper permissions. The private swimming pool, large courtyard, and ample outdoor space provide luxurious amenities that are sure to appeal to prospective tenants or guests. Additionally, Silves is close to beautiful beaches, local markets, and tourist attractions, making it an ideal location for both investment and lifestyle. This property is not just a home; it represents a sound investment with significant rental potential in a burgeoning area. Explore the incredible opportunities this property offers and contact us to learn more about acquiring this luxury townhouse today.

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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