$2,545,179

Historic Building With Boutique Hotel Project In Central Silves, Algarve

  • 5 Beds
  • 5 Baths
  • 8,633 Sqft
  • 3,402 Sqft lot
  • Updated: July 14
  • 1

About the Property

This beautiful old building enjoys a stunning location within the city centre of the picturesque medieval town of Silves in the West Algarve. The property is conveniently located with every amenity you might need on its doorstep and not far from the banks of the River Arade, which flows through town. An easy stroll gets you to local cafés, terraces, restaurants, the local market and supermarkets.
This beautiful old building enjoys a stunning location within the city centre of the picturesque medieval town of Silves in the West Algarve. The property is conveniently located with every amenity you might need on its doorstep and not far from the banks of the River Arade, which flows through town. An easy stroll gets you to local cafés, terraces, restaurants, the local market and supermarkets. The much-lauded Marisqueira Rui restaurant is just a few doors down, while the beautiful beaches of Carvoeiro are just a 10-minute drive away. A great location to live life in the authentic surroundings of a beautiful Portuguese town.

The plans have been designed to create a beautiful family home, which possibly could also be used as a small Boutique Hotel, should you wish to start such a business. The property, with its four spacious bedroom suites and a studio for the owners on the ground level, would certainly lends itself to such a venture!

On the ground level there is a spacious private garage. Original double wooden doors open into the entrance hall with a staircase and elevator at the heart of the property. Light streams into the staircase from the roof terrace, so the hall is a light space at the centre of the house. The ground floor continues with an atelier and a one-bedroom studio, which will have a lounge with kitchenette, a bathroom and a bed(room). Total área útil of this floor is 158,57m2.

Plans for the first floor reveal a large living room with an open-plan kitchen, an office and a guest WC. As the house is located on a corner, light flows in from the south and the west, bringing plenty of light to the rooms, total área útil of this floor is 258,74m2. On the second floor there are four generous bedroom suites, all with dressing room and en-suite bathroom, total área útil 159,59m2. All bedrooms will also have a private terrace (with a total area of 82m2). The whole building has very high ceilings, adding to the sense of space and grandeur. Impressive plans for the roof include a generous roof terrace. The laundry room is also located here, as well as another guest WC. The terrace has a covered terrace space (30m2 área útil), as well as a large open roof terrace space (102m2) with an outdoor kitchen, joined of course by a swimming pool (22m2). From the rooftop there are wonderful views over the town, with the Sé de Silves (cathedral) and the Silves Castle towering above the skyline, which, especially at night, when these monuments are illuminated, offers an enchanting sight.

Once finished the property would work just as successfully as a very unique family home, or as a very comfortable City Boutique Hotel, with four generous bedroom suites. In the latter the owner could live in the studio downstairs. The price is for the finished turn key project. Should you wish to do the building work yourself, this could also be a possibility.

Please contact us for more detailed information on this fabulous project!

About the council area:
Silves – West Algarve / Barlavento
Silves is a historic city in the Algarve, renowned for its Moorish castle and narrow streets in the historic center, preserving Arab and medieval heritage.
The city was the Algarve’s capital for centuries and stands out for its role in maritime expansion and local culture.
The municipality, crossed by the Arade River and surrounded by hills, offers traditional festivals, craft fairs, and regional cuisine, combining history, culture, and tranquillity in a unique destination.
  • Property type

    Villa

  • Price/sqft

    $294

  • Consumption

    E

Features

  • Pool
  • Garage
  • Terrace
  • Elevator
  • Outdoor Kitchen
  • Outdoor Living Space
  • Office
  • Laundry Room
  • High Ceiling
Features

Indoor

  • High Ceiling
  • Office
  • Air Conditioning
  • Laundry Room
  • Elevator

Outdoor

  • Terrace
  • Balcony
  • Pool
  • Garage
  • Outdoor Kitchen
  • Outdoor Living Space

Explore the Area

Silves city centre, Silves, 8300-000, Portugal View on Google Maps
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Seven Quintas Property Search
Portugal
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21
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2024
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Seven Quintas Property Search
Águeda, Portugal
View agency profile
Last updated
July 14
First listed
Nov 22, 2024
Listing reference
7Q23124
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