This website uses cookies to ensure you get the best experience on our website   More info
Need Help?

Excellent Freehold Property and Business Investment in Silves

In Silves, Silves

restaurant,business investment,commercial property silves

  • 2
  • 200 m2
2.500.000 €

Make an Offer

Excellent Freehold Property and Business Investment in Silves

Book a Time to View

Excellent Freehold Property and Business Investment in Silves

Know more about this property

Excellent Freehold Property and Business Investment in Silves

Property Details

  • Reference IDH7754
  • Type Commercial property
  • Certification B
  • Bedroom(s) -
  • Bathroom(s) 2
  • House area 200 m2
  • Land area 800 m2
  • Zone Silves
  • City Silves
  • Region Faro

Description

Download our buying guide

Commercial property for sale in Silves

On offer is an exceptional unique freehold property and business in Silves, Central Algarve. Nestled against the medieval castle walls, the property, built in 1929 originally as a home for the mayor, is of historical significance in the town. From its prominent position it enjoys magnificent views over the rooftops of Silves with far reaching vistas from the roof terraces.

Currently, a well-established and family owned business is conducted from the premises. Café Ingles has been owned and run by the same lady for the last 30 years and is a favorite with tourists and locals. The owner proudly maintains a visitor’s book, which is filled with praises received from satisfied customers over the years.

Comprising three floors, the property has delightful features throughout - a stunning example of the best in local architecture. With an overall square meterage of 800 m2 (200m2 building and 600m2 of terrace), the property provides more than ample space to allow the imagination to run wild in either how the current business may be continued, expanded or alternatively how the space could be utilised differently.

The lower floor of the building is being used at the moment as an ice-cream parlor, however the possibilities are endless.

The middle floor is the main sala of the restaurant with a second separate eating area and also houses the main kitchen, storage. staff room and office.

The roof terraces are accessed from the stairs within the middle section of the building. These roof terraces are the real secret of Café Ingles. Contained within this section are two separate roof gardens and a large roof terrace, which currently provides space for approximately 90 additional covers.

The upper terraces also have a wooden pizza oven and bar/holding area for clientele waiting to dine on the delicious food that Café Ingles offers. The vistas from the terraces are breathtaking and need to be seen to be believed.

The gardens are not currently being used to their full potential however offer fantastic opportunities to hold functions and weddings under the actual walls of the medieval castle.

This property can be bought as a going concern or for conversion to another use, or as a home, subject to planning permission. Included within the offer price is all equipment and fixtures and fittings.


  • Garden
  • Central location
  • Furnished
  • Roof terrace
  • Terrace

Advantages of Buying & Living in Portugal

Buying 

Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 90% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here

 

Living 

 1. Over 300 days of Sunshine per year
 2. International airport with cheap & easy flights to Uk & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood.  
 8. Award winning golf courses, watersports and a never end list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world safest places to live

 

More Info... 

Stay up to date on great properties with our Newsletter and follow us Facebook 
 
 
Vila Sol property, Ideal Homes Portugal, property for sale, Algarve, Portuguese Property, Algarve, Farm House for Sale, Real estate agents, Apartments for sale, Commercial Property.