$1,341,577

Exclusive Manor House In The Historic Center Of Silves Charm, Tradition, And High Profitability/R/

  • 4 Beds
  • 3 Baths
  • 8,052 Sqft
  • 8,246 Sqft lot
  • Updated: August 5
  • 6
    Views for last 30 days
  • 1

About the Property

Exclusive Manor House in the Historic Center of Silves - Charm, Tradition, and High Profitability A unique investment opportunity in the former capital of the Algarve. We present this beautiful century-old property, with traditional features, evoking the prestige and elegance of an authentic urban manor house. Strategically located in the heart of Silves, this unique building perfectly combines th
Exclusive Manor House in the Historic Center of Silves - Charm, Tradition, and High Profitability A unique investment opportunity in the former capital of the Algarve. We present this beautiful century-old property, with traditional features, evoking the prestige and elegance of an authentic urban manor house. Strategically located in the heart of Silves, this unique building perfectly combines the charm of historic architecture with the convenience of being just steps away from all traditional shops, essential services, schools, and the city’s prestigious food court. Building Layout Ground Floor (Guaranteed Income): Comprising 5 currently rented commercial spaces, guaranteeing a stable and immediate source of income from day one, plus a small garage. First Floor (The Manor House): A generously sized house with 4 bedrooms and a terrace, featuring unique characteristics, and also benefiting from the comfort and convenience of a private elevator. The House, Access to the first floor is through a wide entrance with a natural stone staircase, maintaining all the original features that dictate the aristocratic and imposing tone of the entire property. The residential floor is distributed as follows: 4 spacious bedrooms with excellent natural light. A separate living room and dining room, ideal for creating distinct social spaces. Functional kitchen with pantry, hallway, and a practical sunroom. Main bathroom with shower and an additional outdoor bathroom. Storage room/storage area. Large private terrace: One of the highlight of the property, perfect for enjoying the Algarve sun, creating an outdoor leisure area, or a rooftop garden in the city center. Investment Versatility Due to its historical character and premium location, this property represents a real estate gem in a rapidly expanding market, making it ideal for: Permanent residence for those who value space, centrality, and cultural heritage. Charming Tourism Project / Unique Local Accommodation (AL) Long-term rental of high-quality residential and commercial properties. Location and Distances: Steps away from: Restaurants, cafes, monuments, pharmacies, and schools. 15 minutes: From the magnificent beaches of the Algarve coast. 5 minutes: From internationally renowned golf courses. 45 minutes: From Faro International Airport. Don’t miss this rare opportunity to acquire a building with history, soul, and exceptional financial returns. Schedule your visit now and be amazed by the potential of this stately property. (ref SS-V1860)
  • Property type

    House

  • Year built

    1951

  • Price/sqft

    $166

Features

  • Garage
  • Terrace
  • Water View
  • Mountain View
  • Elevator
  • Investment Property
  • High Ceiling
  • Air Conditioning
  • Balcony

Explore the Area

Silves, Algarve, Portugal View on Google Maps
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Servesul

Joined 3 years ago
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Servesul
Portugal
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18
Listings
2023
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Servesul
Silves, Portugal
View agency profile
Last updated
August 5
First listed
Aug 4
Listing reference
-216385311
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