For buyers seeking properties in Silves with strong rental income potential, this bi-family residence is an exceptional option. Priced at €600,000, it consists of a primary family home alongside a one-bedroom apartment and a studio, offering multiple accommodation avenues. The spacious 303m² layout features four bedrooms and six bathrooms, providing luxurious living conditions for both families and guests.
Constructed recently in 2019, this townhouse is situated just 1km from Silves town centre’s amenities, making it attractive to both long-term residents and holidaymakers. The property not only boasts comfortable living spaces but also a large roof terrace perfect for gatherings and relaxation, complete with views of the Algarve countryside and Silves castle.
Investors will appreciate the thoughtful design aimed to accommodate two or three generations or provide excellent rental income through short-term stays. The massive roof terrace can be a unique selling point for holiday rentals, enhancing the appeal and potentially commanding higher rental rates.
This residence is tailor-made for anyone looking for a family home with investment potential. Schedule a viewing today to explore the opportunity further!
• 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
