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Palacette style property in Silves for Sale

Portugal > Faro > Silves > Silves
USD 2,105,286

House & Single-family home (For sale)

4 bd
8 ba
9,461 sqft
lot 5,360 sqft
Reference: IYQM-T3748 / eav-3881
This unique centenary building located in the centre of Silves offers potential for various business opportunities as well as luxury residential home.  The property is composed of two levels. On the ground level, there is a commercial area, currently used as a restaurant with a terrace and Internal patio, a fully equipped kitchen, large pantry and refrigerators, 3 bathrooms for customers, Staff area with cabinets and toilet and office.  This area is equipped with underfloor heating, surround system, both Interior and exterior and solar panels for hot water. The first floor, is a mantion of 4 bedrooms (one of them en-suite), a large living room, kitchen, 2 Terraces, and balconies overlooking the town of silves. Some of the most unique features of this historical building are the double-height ceilings, the detailed ceiling work, ancient doors, windows, stair railings and other relics that make this property a true historial gem. The property is in the final stages of restoration, which include maintaining the historic characteristics of the building, whilst including ventilation system throughout, central vaccuum system, solar panels and underfloor heating in the bathrooms. There is also an attic, and potential for additional bedrooms for potential use as a b&b or boutique hotel. View more View less This unique centenary building located in the centre of Silves offers potential for various business opportunities as well as luxury residential home.  The property is composed of two levels. On the ground level, there is a commercial area, currently used as a restaurant with a terrace and Internal patio, a fully equipped kitchen, large pantry and refrigerators, 3 bathrooms for customers, Staff area with cabinets and toilet and office.  This area is equipped with underfloor heating, surround system, both Interior and exterior and solar panels for hot water. The first floor, is a mantion of 4 bedrooms (one of them en-suite), a large living room, kitchen, 2 Terraces, and balconies overlooking the town of silves. Some of the most unique features of this historical building are the double-height ceilings, the detailed ceiling work, ancient doors, windows, stair railings and other relics that make this property a true historial gem. The property is in the final stages of restoration, which include maintaining the historic characteristics of the building, whilst including ventilation system throughout, central vaccuum system, solar panels and underfloor heating in the bathrooms. There is also an attic, and potential for additional bedrooms for potential use as a b&b or boutique hotel.
Reference: IYQM-T3748
Country: PT
Region: Faro
City: Silves
Category: Residential
Listing type: For sale
Property type: House & Single-family home
Property subtype: Villa
Property size: 9,461 sqft
Lot size: 5,360 sqft
Bedrooms: 4
Bathrooms: 8

SIMILAR PROPERTY LISTINGS

SALE PRICE PER SQFT IN SILVES

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 332
-7.1%
+14.9%
Apartment
-
-
-
* Average listing price
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REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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