€225,000

Located in the peaceful streets of Silves' historic center, this traditional townhouse is a rare opportunity to create a unique exclusive home for both living and monetizing. Directly beneath the city's iconic ramparts, this property blends the authenticity of an ancient building with the comfort of a luxury renovation project. One of the biggest assets of this property is that it is sold with a complete architectural project, (email hidden) , expanding the current 100 m² structure into a four-bedroom 173 m² (gross area) home across two levels and with multiple outdoor living spaces. Ground Floor: The Private Quarters Four bedrooms: Designed for maximum comfort and privacy for 8 people. Two primary suites at the back: Featuring their own private en-suite bathrooms. One large shared bathroom for the other two bedrooms to share at the front. First Floor: Living Space Vast open-plan living area: A seamless integration of the lounge and dining room opening onto a modern kitchen. The living space leads straight out to the rear patio, creating a perfect indoor-outdoor flow. The upper level has been designed to maximize natural light through floor-to-ceiling glass doors and windows, plus 3 large skylights. It also features a discreet laundry room and pantry, and a powder room. Unique Exterior: Patio, pool & roof terrace The crown jewel of this property is undoubtedly its expansive 106 m² patio backyard, set in a dominant position at the rear, featuring several distinct areas: - Lounge Area: Ideal for quite reading, sipping, or casual meals in absolute tranquility. - Private Pool & Solarium: A 9 m² pool designed for cooling off on sunny days. - Rooftop Terrace: An external staircase leads to an additional rooftop terrace, offering unobstructed views over the historic rooftops of Silves and a panoramic vista of the lush green hills of the Serra de Monchique. Strategic & Tax Investment: ARU Zone (Urban Rehabilitation): By renovating this property, you can benefit from significant tax incentives (reduced VAT, property tax exemptions, or reductions under certain conditions), optimizing your total construction budget. Prime Location: Silves, the former capital of the Algarve, is a peaceful city steeped in history. It is located just 20 minutes from golden beaches and golf courses and 45 minutes from Faro International Airport. Important Note: The listing price of the property includes the architectural project but does not include the costs of reconstruction. Contact us to receive more details, the full plans or to schedule a viewing of this promising property. Energy Rating: E #ref:PALC 166 - PALC 166 - PORTUGAL A LA CARTE