Description

In the centre of Silves stands a palacete that works in more than one way: a fitted restaurant with bar and terrace on the ground floor, a self-contained home with its own staircase above. On a corner plot of 498 m², this house, over a century old, combines commercial and residential use under one roof.

The palacete stands in the heart of Silves, one of the Algarve's most characterful towns. Restaurants, bars and shops are about one minute away by car, giving the ground floor a neighbourhood suited to hospitality or retail concepts. The beach and golf are each around 15 minutes by car, the airport about 40. The house occupies a corner plot and is reached from the street through several entrances, which supports both visibility and the division into separate units.

The building extends over 879 m² on two levels. The ground floor is arranged as a restaurant with a bar, a fully equipped commercial kitchen and a terrace; four separate entrances allow it to be divided into several units without major alterations. Ceilings in the dining area range from about 4.65 to 5.23 m. The upper floor forms a self-contained home with its own staircase, a large living room, kitchen, laundry, bedrooms, bathrooms and two terraces. Over a century old, the house retains decorative plasterwork and original doors, windows and stair railings.

The house includes a terrace on the ground floor, two terraces on the upper floor and a courtyard that could serve as an outdoor area for guests or workspaces. The layout opens several paths: the ground floor can run as a single restaurant, a restaurant with a shop or gallery, two or three independent units, or a coworking space. The upper floor suits a family home, two or three apartments for rental, or a B&B or boutique hotel.

The roof has recently been renewed and the renovation of the upper floor is well advanced. Solar panels heat the water; water-based underfloor heating is planned for the bathrooms, and a ventilation system and central vacuum are part of the works. Double-glazed windows with manual wooden shutters, built-in wardrobes and an internet connection complete the equipment. The house faces south and east and is connected to the public water, electricity and sewage networks.

Ref. EAV-3881 · More details and photos at Exclusive Algarve Villas