795.000 €
Общая площадь 796 m²
FHCM3006 - 3-Story Service Building with Independent Basement | Potential for Conversion into Hostel or Apartments | Silves, Algarve 796 m² of construction, Rua Francisco Pablos, Silves, Algarve. Property with active profitability in RC and high potential for conversion into boutique hostel or tourist apartments, with the possibility of a swimming pool on the terrace. Self-contained basement ideal for storage or independent use. Investment opportunity in the historic heart of Silves. We present this urban service building, centrally located in Silves, one of the most emblematic historic cities in the Algarve. With 796 m² of gross construction area spread over three floors above ground, plus an autonomous basement, this property combines immediate profitability with a solid potential for appreciation through a renovation and conversion project. Property Characterization Type: Urban building, wholly owned, assigned to services Gross Built Area: 796 m² Gross private area: 734 m² Floor area: 62 m² Implantation area: 299.5 m² Total land area: 329.5 m² Floors: RC + 1st + 2nd + Independent basement Rooms: 15 - Property Distribution - Ground floor: Currently leased, with active yield of 3.5% Service space with street front Potential to maintain as trade/services or integrate into conversion 1st Floor: Space to be requalified Potential for 2 to 3 apartments or hostel rooms 2nd Floor / Roof: Upper floor with access to the terrace Terrace with potential for outdoor swimming pool a strong differentiating element for hostel or tourist accommodation Basement: Independent of the main building Ideal for storage, storage or self-catering Potential for Reconversion The building meets the conditions for conversion into: Boutique hostel with rooftop pool Tourist apartments (AL) for the medium-high segment Mixed model: services in the RC + accommodation on the upper floors Location and Surroundings Historic centre of Silves, a heritage reference city in the Algarve Close to Silves Castle, Cathedral and museums Lagoa / Portimão: ~15-20 min Carvoeiro and Benagil beaches: ~25 min Faro Airport: ~45 min Investment Reasons Immediate profitability for active lease of the RC Algarve: consolidated tourism market at European level Silves growing as a cultural tourism and slow travel destination Scarce offer of boutique accommodation in the historic centre Terrace with pool potential a strong differentiator in the hostel segment Asset value valued at €406,925 (CIMI 2023) A property with double value: immediate return and potential for significant appreciation after conversion a unique opportunity in the historic heart of the Algarve. Supplier Location: Portugal > Algarve > Silves > Silves #ref:FHCM3006
