7 Buildings in Silves

FHCM3006 - 3-Story Service Building with Independent Basement | Potential for Conversion into Hostel or Apartments | Silves, Algarve

796 m² of construction, Rua Francisco Pablos, Silves, Algarve. Property with active profitability in RC and high potential for conversion into boutique hostel or tourist apartments, with the possibility of a swimming pool on the terrace. Self-contained basement ideal for storage or independent use. Investment opportunity in the historic heart of Silves.

We present this urban service building, centrally located in Silves, one of the most emblematic historic cities in the Algarve. With 796 m² of gross construction area spread over three floors above ground, plus an autonomous basement, this property combines immediate profitability with a solid potential for appreciation through a renovation and conversion project.
Property Characterization

Type: Urban building, wholly owned, assigned to services
Gross Built Area: 796 m²
Gross private area: 734 m²
Floor area: 62 m²
Implantation area: 299.5 m²
Total land area: 329.5 m²
Floors: RC + 1st + 2nd + Independent basement
Rooms: 15

- Property Distribution -
Ground floor:
Currently leased, with active yield of 3.5%
Service space with street front
Potential to maintain as trade/services or integrate into conversion

1st Floor:
Space to be requalified
Potential for 2 to 3 apartments or hostel rooms

2nd Floor / Roof:
Upper floor with access to the terrace
Terrace with potential for outdoor swimming pool a strong differentiating element for hostel or tourist accommodation

Basement:
Independent of the main building
Ideal for storage, storage or self-catering

Potential for Reconversion
The building meets the conditions for conversion into:

Boutique hostel with rooftop pool
Tourist apartments (AL) for the medium-high segment
Mixed model: services in the RC + accommodation on the upper floors

Location and Surroundings
Historic centre of Silves, a heritage reference city in the Algarve
Close to Silves Castle, Cathedral and museums
Lagoa / Portimão: ~15-20 min
Carvoeiro and Benagil beaches: ~25 min
Faro Airport: ~45 min

Investment Reasons
Immediate profitability for active lease of the RC
Algarve: consolidated tourism market at European level
Silves growing as a cultural tourism and slow travel destination
Scarce offer of boutique accommodation in the historic centre
Terrace with pool potential a strong differentiator in the hostel segment
Asset value valued at €406,925 (CIMI 2023)

A property with double value: immediate return and potential for significant appreciation after conversion a unique opportunity in the historic heart of the Algarve.

Supplier Location:
Portugal > Algarve > Silves > Silves

We present an exclusive development with 24 modern apartments, designed for those looking for comfort, quality of construction and a quiet lifestyle in the Algarve, just minutes from everything.

The apartments stand out for their contemporary architecture, elegant lines and excellent use of natural light. All have been designed with attention to detail, quality materials and a functional layout, ideal for both own housing, second home or investment.

Modern kitchens in open space
Spacious and bright rooms
Comfortable rooms with great areas

Current finishes designed for everyday life

Located in a quiet and pleasant area, these apartments benefit from good access, proximity to shops, services, schools and are within walking distance of the Algarve’s beaches, golf courses and main thoroughfares.
12 minutes from Armação de Pêra beach and 20 minutes from Quarteira beach.

This is the perfect balance between quality of life, strategic location and potential for appreciation.

Contact us for more information, floor plans or to schedule a visit.
Your next investment or your next home could be here.

Unique Opportunity in Silves: Ruin for Renovation with Immense Potential!

Located in a picturesque area of Silves, this building with a land area of 10,590m² and a construction area of 146m² offers an exciting opportunity for renovation and transformation. Dating from 1970 and in a state of ruin, this building has vast potential to become a stunning property.

Building Features:

- Total Area: 10,590m²
- Construction Area: 146m²
- Year of Construction: 1970
- General Condition: Ruin

This is the perfect opportunity to bring a unique and personalised project to life, creating the property of your dreams in one of the most charming locations in Silves. Take advantage of this unique opportunity and transform this building into something truly special.

Contact us for more information and to schedule a visit to this property full of potential. Explore the possibilities and start planning the renovation that will turn this building into a spectacular new location in Silves.

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Building in the area of Algoz.

This fantastic property consists of three floors. On the ground floor there is a restaurant with very spacious areas in both the living room and the kitchen.

On the first floor, there are five bedrooms, all en-suite, a shared kitchen and another apartment with two bedrooms.
The apartment comprises an open space living room and kitchen, aone bathroom for guests and two bedrooms en-suite.

Some of the rooms have access to balconies and all are equipped with air conditioning.

Book a visit today.

Esse prédio parece ser uma excelente oportunidade de investimento, tanto para quem quer continuar o negócio de restaurante como para quem está pensando em transformar o espaço em habitação. A estrutura parece ser bastante versátil, com várias áreas independentes, o que poderia facilitar a adaptação para diferentes tipos de uso.
A descrição do restaurante no R/C, com cozinha totalmente equipada, grelhador a carvão, forno de pizza e esplanada, indica que o local já tem um bom fluxo de clientes e está pronto para operar sem necessidade de grandes investimentos. Além disso, o terraço no 1º piso, com capacidade para 40 pessoas, poderia ser um grande diferencial para eventos privados ou festas. A segunda cozinha independente também pode ser um ponto forte, especialmente se o restaurante precisar de mais espaço para a produção de alimentos ou servir a eventos maiores.
O apartamento no 1º piso, embora necessite de modernização, oferece o potencial de ser transformado em um T3, o que é uma boa opção para quem deseja adicionar valor ao imóvel.
A cave com o pequeno bar e a arrecadação com arca congeladora industrial e garrafeira é um excelente espaço de apoio para o restaurante, além de ser um bônus para quem decidir transformar o prédio em habitação.
O fato de o imóvel possuir três entradas independentes dá ainda mais flexibilidade para quem quiser dividir os espaços ou até mesmo criar unidades separadas para diferentes fins.

Se você tivesse que pensar em um preço de venda para esse imóvel, qual seria a sua estimativa? E, você acha que a conversão para habitação poderia agregar mais valor ao imóvel? Predimed Imobiliária, Mediação Imobiliária, Lda. Avenida Brasil 43, 12º Andar, 1700-062 Lisboa Licença AMI nº 22503 Pessoa Coletiva nº (telefone) Seguro Responsabilidade Civil: Nº de Apólice RC65379424 Fidelidade

A unique investment opportunity in the historic centre of Pêra. This remarkable property comprises several urban units, including traditional houses, warehouses, retail spaces, a restaurant area, a manor-style building, basement, terraces and large courtyards.

Property Highlights:

Approx. 2,200 m² total area
Over 1,000 m² of built area
Multiple buildings with flexible development potential
Large outdoor areas and courtyards
Ideal for a boutique hotel, residential condominium or tourism project

Prime Location:

2.5 km from Praia Grande Beach
5 minutes from Armação de Pêra
10 minutes from Albufeira
35 km from Faro Airport
Close to Algarve Shopping, Makro, Leroy Merlin and major road connections

A rare property full of character and history, offering exceptional development potential in the Algarve.

Apartamento t1 para alugar por contrato de 3 anos.
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