€590,000

Commercial/Office Space for sale Silves
Property photo number 1 of 16 Photos for Property. File  94383796_2375_c89b6a0c6f6d820a07d3dda0a58c4c4f.jpeg

Overview

SUMMARY: Discover an opportunity with this Silves commercial/office space for sale and available for €590,000. This could be your next ideal home or a smart investment. More details await.

This property still retains its original restaurant and apartment layout, benefiting from an excellent location in Poço Barreto, next to the EM269 road that connects Algoz to Silves, near the train station. It has ample private parking. The

building, of traditional construction and architecture with stone and clay walls and an interior wooden roof, comprises the restaurant and a T1 type apartment. Currently, there are two Use Licenses, one for Services and the other for Housing. According to information gathered from the Silves City Council, it is possible to request a change of use of the commercial space to residential space, by submitting a Simple Prior Communication subject to a favorable opinion from the Regional Entity of the Algarve Agricultural Reserve. This opinion has already been requested, and the entity's decision is now awaited. RESTAURANT - Dining room with seating for approximately 40 people - Bar area with counter - Wood-burning fireplace accessible from two sides - Split-type air conditioning system - Tiled floor and wooden ceiling - 2 restrooms with a shared washbasin area - Fully equipped kitchen; Gas stove with 10 burners - Pantry and storage area next to the kitchen - 2 entrances to the dining room (front and back) and 1 entrance to the kitchen (back) - Includes all kitchen, bar and dining room furniture and equipment - Functioning alarm system - Mains water and sewage - Usable area: 139m2 - Energy Certificate: B- EXTERIOR (at the rear of the building) - Patio with cobblestone floor and independent entrance with gate at the front of the property - Garage of approximately 32m2 used as storage - Cistern with tiled floor, serving as a terrace area - Oven house - 2 WCs with shared washbasin area 1-BEDROOM APARTMENT With independent entrance at the front of the building, comprising: - 1 space with kitchenette and wooden mezzanine - 1 living room with wood-burning stove - 1 bathroom - 1 bedroom with mezzanine Wooden construction - Windows with single glazing and wooden frames - Average ceiling height of 4.3m - Electric water heater - Area: 55.16m2 - Energy Certificate: D The restaurant and the apartment are sold together as a single property. Gross construction area of 340m2, on an urban plot of 1,057m2. To guarantee the quality and freshness of ingredients, the restaurant has its own cultivation of aromatic herbs (with an irrigation system) and the neighboring property is an organic farm with rural tourism that, if desired, is receptive to a partnership, gladly welcoming a quality restaurant for its guests. The property is located in Poço Barreto, a small town about 7km from the historic city of Silves, 10km from the coast and 6km from access to the A22 motorway (Via do Infante). It has a train station and is also served by public bus transport, with a stop next to the O Alambique Restaurant. There are some restaurants, although it is essentially a rural area with scattered houses. Silves offers all the services and shops needed for daily life, as well as public institutions from various sectors.

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Details

  • Beds: 0
  • Baths: 4
  • Price: €590,000
  • Reference No.: KWPT-021182
  • Area: 195 m2

Amenities

  • Home: Energy Certificate: B-

Location

Marketed by:

  • Flash Algarve
  • Alcantarilha: +351 282 310 700
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