Prime Investment Opportunity in the heart of Silves
€175,000
- 6 Rooms
- 4 Bedrooms
- 4 Bathrooms
- ~233 m² Total surface
- ~152 m² Living area
- ~120 m² Plot surface
Description
Investment Opportunity in the heart of Silves
Situated in Silves, with its rich history, this property is within the tranquil heart of the city. Not only does it offer the prospect of significant renovation and tax incentives, but it also has the potential for notable returns for investors. With a land area of 120 square meters and an approved project for a 255 m² building with 4 bedrooms, this property stands out as one of the most promising investment opportunities in the historic center.
Imagine a rooftop terrace with scenic views of the city with Silves Castle in the background. Use can range 2 apartments to a large single-family home, or a combination of both. Just a short walk away is the vibrant riverfront, home to a variety of dining establishments. Strategically located in Silves, the property offers direct access to essential services and amenities, including renowned schools, top-notch healthcare facilities and a variety of shopping options. With just 10 minutes to reach the Golf de Silves, the location is perfect for exploring the stunning beauty of the Algarve region. For the experienced investor, this opportunity shines brightly: a chance to combine history, potential and an unbeatable location, transforming it into a formidable asset.
Don't let this distinctive investment opportunity go unnoticed. Contact us today!