T1+1 Townhouse – Portuguese Architecture with a Modern Touch** We present a stunning townhouse located in Silves, blending the charm of traditional Portuguese architecture with modern design, ensuring comfort, functionality, and well-being

Silves, Faro, Portugal

For Sale

€335,000

REF: 923074 €335,000


2

2

50 m2

80 m2

Description

T1+1 Townhouse – Portuguese Architecture with a Modern Touch** We present a stunning townhouse located in Silves, blending the charm of traditional Portuguese architecture with modern design, ensuring comfort, functionality, and well-being. Fully rebuilt, this home offers a unique living experience.

Property Highlights: - Solid Structure: Exterior walls ranging from 20 to 50 cm thick, providing excellent thermal insulation. - High Ceilings: Allows for the integration of a mezzanine, creating additional space for a second bedroom and bathroom. - Revitalized Outdoor Space: Features leisure areas, outdoor dining, and a small plunge pool for cooling off.

- Traditional and Modern Materials: Santa Catarina tiles, wood, and iron create a harmonious blend of traditional and contemporary styles. Interior Layout: Ground Floor - Open-plan living room and kitchen (11 m²) – Fully equipped with an extractor fan, hob, oven, dishwasher, microwave, and kitchen utensils.

- Bedroom (9 m²) – Double bed, built-in niches, natural light, air conditioning, and TV. - Bathroom (4.2 m²) – Modern shower and high-quality finishes. Outdoor Patio (20 m²) – Ideal for dining and leisure, includes a plunge pool (3.2 m²) and storage (3.2 m²). Mezzanine – Upper Floor - Multipurpose space – Perfect for an office or reading room.

- Bedroom (12 m²) – Double bed, wardrobe, chest of drawers, air conditioning, and TV. - Bathroom (3.2 m²) – With shower. Installed Equipment: - Reversible air conditioning in all rooms. - Water heater. - Electric oven and hob, extractor fan. - Combined refrigerator, dishwasher, and washing machine.

- TVs in both bedrooms. - Pre-installed communication network. - Circulation pump for energy optimization. Surroundings and Location: Situated in a traditional and peaceful neighborhood of Silves, this townhouse offers a welcoming environment, ideal for permanent residence or tourist rental.

Just steps from the Riverside Park, with on-street parking and easy access to local shops, green spaces, and leisure areas. Distances to Key Points of Interest: - Beaches:** Praia da Rocha and Praia de Carvoeiro – 20 minutes away. - Education: Public schools – 5 minutes; International schools (Nobel Algarve British International School and Eupheus International School) – 15 minutes.

- Healthcare: Silves Health Center – 5 minutes; Algarve Private Hospital – 15 minutes; Portimão Hospital (public) – 20 minutes. - Faro Airport: 45 minutes by car. - Water Parks: Slide & Splash – 15 minutes; Zoomarine – 20 minutes. - Culture: Silves Castle – 10 minutes on foot; Theater room.

- Via Algarviana: Nearby hiking and walking trails. - Road Access: Easy access to the A22 (Via do Infante) and EN125, the main roads connecting the Algarve. Historic Center & ARU Zone Benefits: Located in the heart of Silves’ historic center, this property benefits from being in an Urban Rehabilitation Area (ARU), offering tax incentives, financial support for rehabilitation, and rental programs.

Silves, the first capital of the Algarve, boasts a rich history with influences from Phoenicians, Romans, Moors, and Christians. Its strategic location made it a vital hub for maritime and land trade routes. Today, the city's proximity to stunning beaches like Carvoeiro and Benagil offers tranquility without the bustling summer crowds.

Silves: A Certified Slow City (Cittaslow) Silves is part of the global *Cittaslow* movement, focusing on well-being, sustainable living, and a balance between tradition and modernity. This prestigious designation reflects the city's commitment to reduced noise, traffic control, pedestrian zones, and the promotion of local products.

Partnership Opportunities with IAD At IAD, we collaborate with all real estate consultants and agencies. - We promote properties on over 200 national and international real estate portals. - If you are a real estate professional with a qualified buyer, do not hesitate to contact us to schedule a visit. We are fully available by phone or email for further information and to arrange an online or in-person visit. Don’t miss this unique opportunity! #ref: 131384
T1+1 Townhouse – Portuguese Architecture with a Modern Touch** We present a stunning townhouse located in Silves, blending the charm of traditional Portuguese architecture with modern design, ensuring comfort, functionality, and well-being. Fully rebuilt, this home offers a unique living experience.

Property Highlights: - Solid Structure: Exterior walls ranging from 20 to 50 cm thick, providing excellent thermal insulation. - High Ceilings: Allows for the integration of a mezzanine, creating additional space for a second bedroom and bathroom. - Revitalized Outdoor Space: Features leisure areas, outdoor dining, and a small plunge pool for cooling off.

- Traditional and Modern Materials: Santa Catarina tiles, wood, and iron create a harmonious blend of traditional and contemporary styles. Interior Layout: Ground Floor - Open-plan living room and kitchen (11 m²) – Fully equipped with an extractor fan, hob, oven, dishwasher, microwave, and kitchen utensils.

- Bedroom (9 m²) – Double bed, built-in niches, natural light, air conditioning, and TV. - Bathroom (4.2 m²) – Modern shower and high-quality finishes. Outdoor Patio (20 m²) – Ideal for dining and leisure, includes a plunge pool (3.2 m²) and storage (3.2 m²). Mezzanine – Upper Floor - Multipurpose space – Perfect for an office or reading room.

- Bedroom (12 m²) – Double bed, wardrobe, chest of drawers, air conditioning, and TV. - Bathroom (3.2 m²) – With shower. Installed Equipment: - Reversible air conditioning in all rooms. - Water heater. - Electric oven and hob, extractor fan. - Combined refrigerator, dishwasher, and washing machine.

- TVs in both bedrooms. - Pre-installed communication network. - Circulation pump for energy optimization. Surroundings and Location: Situated in a traditional and peaceful neighborhood of Silves, this townhouse offers a welcoming environment, ideal for permanent residence or tourist rental.

Just steps from the Riverside Park, with on-street parking and easy access to local shops, green spaces, and leisure areas. Distances to Key Points of Interest: - Beaches:** Praia da Rocha and Praia de Carvoeiro – 20 minutes away. - Education: Public schools – 5 minutes; International schools (Nobel Algarve British International School and Eupheus International School) – 15 minutes.

- Healthcare: Silves Health Center – 5 minutes; Algarve Private Hospital – 15 minutes; Portimão Hospital (public) – 20 minutes. - Faro Airport: 45 minutes by car. - Water Parks: Slide & Splash – 15 minutes; Zoomarine – 20 minutes. - Culture: Silves Castle – 10 minutes on foot; Theater room.

- Via Algarviana: Nearby hiking and walking trails. - Road Access: Easy access to the A22 (Via do Infante) and EN125, the main roads connecting the Algarve. Historic Center & ARU Zone Benefits: Located in the heart of Silves’ historic center, this property benefits from being in an Urban Rehabilitation Area (ARU), offering tax incentives, financial support for rehabilitation, and rental programs.

Silves, the first capital of the Algarve, boasts a rich history with influences from Phoenicians, Romans, Moors, and Christians. Its strategic location made it a vital hub for maritime and land trade routes. Today, the city's proximity to stunning beaches like Carvoeiro and Benagil offers tranquility without the bustling summer crowds.

Silves: A Certified Slow City (Cittaslow) Silves is part of the global *Cittaslow* movement, focusing on well-being, sustainable living, and a balance between tradition and modernity. This prestigious designation reflects the city's commitment to reduced noise, traffic control, pedestrian zones, and the promotion of local products.

Partnership Opportunities with IAD At IAD, we collaborate with all real estate consultants and agencies. - We promote properties on over 200 national and international real estate portals. - If you are a real estate professional with a qualified buyer, do not hesitate to contact us to schedule a visit. We are fully available by phone or email for further information and to arrange an online or in-person visit. Don’t miss this unique opportunity! #ref: 131384
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Property on Map

#131384

Currency Exchange

Silves, Faro, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €335,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€335,000 £276,007 £287,916 £11,909
Property Price € €335,000
Minimum cost in the last six months £276,007
Maximum cost in the last six months £287,916
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,909

Silves, Faro, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €335,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€335,000 £276,007 £287,916 £11,909
Property Price € €335,000
Minimum cost in the last six months £276,007
Maximum cost in the last six months £287,916
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,909

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £11,909 more.

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