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Silves
This unique century-old building situated in the heart of Silves presents a plethora of business opportunities along with the option for a luxurious residential dwelling. The property comprises two levels, with the ground level featuring a commercial space currently functioning as a restaurant with a terrace and internal patio, a fully equipped kitchen, a spacious pantry and refrigerators, three customer bathrooms, a staff area with cabinets and toilet, and an office. This area boasts underfloor heating, a surround sound system both indoors and outdoors, and solar panels for hot water. The first floor of this establishment consists of a 4-bedroom mansion (one of them being an en-suite), a generous living room, a kitchen, two terraces, and balconies offering views of the picturesque town of Silves. Some of the notable features of this historical building include double-height ceilings, intricate ceiling work, ancient doors, windows, stair railings, and other antiquities that truly make this property a historical treasure. Currently in the final stages of restoration, this property preserves its historic charm while integrating modern amenities such as a ventilation system throughout, central vacuum system, solar panels, and underfloor heating in the bathrooms. Additionally, there is an attic space and potential for extra bedrooms for potential use as a bed and breakfast or boutique hotel. As for the price of 2,200,000, it is reflective of the historical significance and unique features of this property, along with its prime location in Silves. The investment potential and versatility of this building make it a rare find in the real estate market.
Silves