Silves Town House

Charming Single-Storey Villa in Algoz - Investment Opportunity

This beautiful single-storey house in Algoz is a unique opportunity for those seeking tranquility and quality of life in the heart of the Algarve. With seven distinct rooms, this property offers ample interior space and extensive surrounding land, perfect for those looking for a calm and welcoming environment.

Property Details:
Total Area of 1795sqm, featuring a Main House and a separate independent cottage, totaling 95sqm of construction.
Construction Year prior to 1951, boasting historical character and charm. As it was built before licensing requirements, it offers the freedom for a rehabilitation project to reach its maximum potential.
Fenced Plot with distinct areas, including a pool zone and a jacuzzi in a garden with unobstructed views. Also includes a covered parking area for up to 3 cars.
Sun Exposure: East and West orientation, allowing you to enjoy the sun throughout the day.

This house stands out for its functional design and excellent distribution of spaces, offering a living experience defined by natural light and comfort. Upon entering the residence, the entrance hall features a cozy room equipped with a built-in library unit, creating an elegant reception atmosphere. To the right is the master bedroom, followed by a central hallway leading to the bathroom, which maintains the identity of typical Portuguese style.

Continuing through the house, we find a multipurpose space with glass doors providing access to an indoor garden/conservatory, ideal for an office or reading area, allowing you to enjoy the serenity of the greenery and outdoor light in any season.
The main living area was designed for maximum comfort, featuring a fireplace that makes the atmosphere perfect for family movie nights. The ceiling in this room surprises with an electric skylight, allowing for efficient ventilation and unique natural light. We then arrive at a large open-plan area connecting the dining room to the fully equipped kitchen. This communal space was designed for socializing and practicality, with direct access to the outdoor garden, facilitating movement between the interior and the outdoor leisure areas.

In the same courtyard, the property features an independent annex, representing an excellent opportunity for monetization through rental or for hosting guests with total privacy. This unit consists of:
An open-plan kitchen and dining area.
A comfortable bedroom and a full bathroom.
A versatile additional space that can be used as an extra bedroom or storage room.
This unique configuration allows you to enjoy a high-quality private home while maintaining the possibility of generating extra monthly income on the same plot.

This property presents enormous investment potential, whether to renovate and modernize, to develop a local accommodation (Alojamento Local) business, or to enjoy as a spacious family residence.

Nearby Points of Interest: Algarve Shopping (9km), Krazy World (5km), Galé Beach (14km), and Albufeira (15km).

Do not miss this unique opportunity to own a home with character, space, and potential in the Algarve. Book your visit now and discover your new sanctuary in the south of Portugal.
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