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Engel & Völkers Portimao

+351 282 071 131

W-02RIZ2 – This is the Engel & Völkers property ID, your agent might ask for it.

José Pedro Braz

Soho Algarve, Lda.

Licence partner of Engel & Völkers Residential GmbH

Engel & Völkers ID : W-02RIZ2
Silves, Faro District, Portugal

Urban Building for Investment in the Centre of Silves

Price
€880,000

Plot surface3,700 m²

Amenities and special features of this land

Urban building located in the centre of Silves, with 3700 m2 of area, presents itself as an excellent investment opportunity. Once an old cork factory, this property is now characterized by the enormous potential for a total recovery, being particularly targeted for the creation of housing units, tourism or even commercial. Coated with great historical symbolism, notorious for architectural elements such as the old chimneys, this property, due to its central location, is close to the most varied services and commerce, with easy access to the main roads, means of transport and equipment. In just 5 minutes by car you can access the exclusive Pestana Golf Course, and just 10 minutes away you will find some of the most beautiful beaches in the Algarve. Come and discover a property full of identity and potential for your new investment!
Object type

Site

Plot surface

3,700 m²
Features
Patio

Silves: Location and surroundings of this property

Silves is an historic and charming town, which was originally the former capital of the Algarve. Under the Moors (9th-12th centuries), Silves was an important defensive stronghold and commercial centre, with boats going down the River Arade and crossing North Africa. Today Silves is peaceful, without haste and the marks of its illustrious past can be seen in the four corners of the city, highlighting the imposing red brick castle, the impregnable city walls and the Gothic cathedral, built on the site of a magnificent mosque. For visitors, Silves is a charming city to explore and get to know, and has a clearly Portuguese atmosphere, with outdoor cafes, cobbled streets and a relaxed pace of life with all the facilities. Along with its rich history and fascinating attractions, Silves has a scenic location, situated along the banks of the slow flowing Arade River and within the rolling hills of the Algarve countryside. Just 20 minutes from the beautiful Algarve coast with its wonderful beaches, crystal clear waters and majestic cliffs, as well as the fishing villages of Alvor, Ferragudo and Carvoeiro, the spas of Monchique, Portimão, Lagos (the town of the discoveries) and also Sagres, Silves has much to offer the locals and visitors. Faro airport is only 45 minutes away. Lisbon and Seville are approximately the same distance from Silves (2H30).

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Engel & Völkers
Portimao

Praça Visconde Bivar, 8500-544, Portimao

+351 282 071 131

Engel & Völkers
Portimao

Praça Visconde Bivar, Portimao, 8500-544

W-02RIZ2 – This is the Engel & Völkers property ID.
José Pedro Braz
Soho Algarve, Lda.
Licence partner of Engel & Völkers Residential GmbH