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BEAUTIFULLY RENOVATED FARMHOUSE, GREAT BUSINESS POTENTIAL, SILVES

In Silves

  • 8
  • 6
  • 415 m2
595.000 €

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BEAUTIFULLY RENOVATED FARMHOUSE, GREAT BUSINESS POTENTIAL, SILVES

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BEAUTIFULLY RENOVATED FARMHOUSE, GREAT BUSINESS POTENTIAL, SILVES

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BEAUTIFULLY RENOVATED FARMHOUSE, GREAT BUSINESS POTENTIAL, SILVES

Property Details

  • Reference IDH1622
  • Type Villa
  • Certification B
  • Bedroom(s) 8
  • Bathroom(s) 6
  • House area 415 m2
  • Land area 16300 m2
  • Zone -
  • City Silves
  • Region Faro

Description

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Villa for sale in Silves

** THIS PROPERTY HAS NOW BEEN SOLD. FOR INFORMATION ON SIMILAR PROPERTIES PLEASE CALL 0800-1337644 **



This TRADITIONAL FARMHOUSE has BEEN TASTEFULLY RENOVATED COMBINING THE CHARM OF THE OLD WITH THE PRACTICALITY OF THE NEW, FULL OF CHARACTER it is located in a tranquil setting with great country views, yet only a few minutes’ drive from the famous and historic medieval town of Silves with all of its amenities and culture.



Formerly a B&B this is an excellent opportunity to return it to rental accommodation by obtaining the touristic licenses for rural tourism or guest house or adapted as one large villa for permanent living.



This property comprises of three separate parts composed as follows



Property 1)

The Main property was built with 275m2 constructed area, this is a single storey well maintained property, fully renovated whilst still keeping its traditional Algarvian style, with 1 studio and 3 self contained apartments made up as follows.



Apartment 1 – has 2 bedrooms, lounge, kitchen, shower room and outside terrace

Apartment 2 – has 1 bedroom, lounge with wood burning stove, kitchen, shower room and outside terrace.

Apartment 3 – has 2 bedrooms, one of which is en suite plus and additional shower room, a mezzanine level which can be another bedroom or office, lounge, kitchen and outside terrace.

Studio – has 1 bedroom but also a mezzanine floor which can be another bedroom, office or storage, sitting room, kitchenette, shower room, outside terrace with BBQ.



All of the above are equipped with double glazed windows throughout, surrounded by beautiful landscaped mature gardens with computerized irrigation. The communal areas include several outdoor eating and sitting areas, a large swimming pool with pool bar area and covered BBQ, large parking area, large storage room underneath pool terrace and with hidden gutters to collect rainwater into the main cistern.



Property 2)

Is currently used as the owners’ accommodation and consists of a nicely decorated cottage, renovated in 2009 on a separate plot with a total area of +/- 400m2 and 140.45m2 of constructed area. There are two bedrooms, a modern bathroom with Jacuzzi bath and separate shower, fully fitted kitchen, lounge with wood burning stove, dining area, large open terrace, additional covered terrace with BBQ, games room or extra guest room, shower room and private garden area with swimming pool.



Property 3)

A ruin situated on a separate plot of 1500m2, which once had an approved building project for a 300m2 villa, (the license lapsed in 2010 - but a new project can be submitted to the local council)

Join us for our Summer Sizzler Sale - July 24-28, 2017! 

 5 Days of Fab Reductions & Bonuses!! 

  • Property price reductions 
  • Vender specific bonuses 
  • 2 for 1 & reduced VIP viewing trips, with healthy meals on us! 
  • €1000 furniture vouchers for each property purchased
  • 6 months free property management, we’ll do all the work for you! 
  • Free legal, mortgage & tax consultation, invaluable advise on buying abroad
  • Free BBQ on each property purchase!! 
  • Meet the CEO, maybe invite him to a BBQ ;) 
  • Get discounts on our rentals! Feel out the Algarve before you buy! 

 

Contact us to get in on a sweet life in the sun! Follow us on our Facebook page for fresh updates, or stay in the know by signing up to our Newsletter

 

Additional Information

Top 10 Reasons to purchase property in Portugal now!

 1. Over 300 days of Sunshine per year!
 2. Cheap & Easy flights to and from the Uk & Ireland - Over 90 a day in high season!
 3. Low cost property prices, high quality construction
 4. Rental returns as high as 14%
 5. Great tax advantages
 6. Beautiful beaches!
 7. Superb cuisine!
 8. Award winning golf courses!
 9. Low cost of living
10. One of the safest places in the world to purchase a property!
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