Block of flats in Silves of 879 m²

Historic building dating from 1875, in the center of downtown Silves, integrated in an area of traditional commerce with a large flow of pedestrian circulation.

With a renovation of the entire electrical structure, hydraulic pipes, plumbing and installation of materials that provide adequate thermal insulation, the original architectural style is integrated with the modern and comfort of our days.

It is structurally composed of two floors, the ground floor originally consisting of 2 warehouses and 3 stores.
On the first floor an apartment for housing with 2 terraces, 4 en-suite bedrooms, common kitchen, entrance hall with staircase access – under construction.

There is currently a restaurant in operation consisting of 2 dining rooms, a living area, 3 bathrooms, a bar, a pantry area, a kitchen with separate areas, refrigeration and storage areas, a staff room and an office. There are 2 outdoor areas – a terrace and an interior patio.

There is also a large and spacious attic with a renovated structure.

An excellent investment opportunity for own housing and/or for monetization. As the building is historic and integrated in the middle of an urban recovery area, it provides a set of very attractive tax and financial benefits.

Located in downtown, in the riverside area perfectly framed in the historic environment of the city.