Guesthouse, near Silves
Project purchase: €430,000

Project Description

This property is a rare opportunity on the investment market, offering unique profit prospects. A "moradia" whose location ensures tranquility and calm for its residents without depriving them of the pleasures of the Algarve resort. This future guesthouse will boldly make its mark on the tourist landscape.

The property is composed of a large detached house of 450 m² spread over 2 floors, a two-story outbuilding, a long terrace, a large garden, a small garden and a garage, all set on a plot of 960 m².

Visitors stepping through the front door of this property find themselves on a large, east-facing terrace. To the right, a staircase leads to a generously proportioned garden. To the left, the 450 m² main house reveals all the authenticity of its region.

Inside, the rooms are filled with charm, all bathed in the characteristic light of the Algarve. Six bedrooms, two of which have individual terraces overlooking the mountains, two kitchens, two spacious living and dining rooms, two shower rooms, a bathroom, a separate toilet, and storage rooms structure the interior space of the house.

On the other side of the house, an outbuilding completes the property. It is a small, slightly set-back house offering its residents peace and quiet.

This property is located just minutes from the center of Silves, a bustling city with a rich cultural heritage that is popular with tourists year-round. Surrounded by natural parks and protected areas, it offers an ideal location for enjoying magnificent hikes and walks in the heart of nature. The beaches are just a 30-minute drive away, without the overcrowding of the Algarve's seaside resorts.

The investment project here involves the renovation of this property by adapting the premises to accommodate tourists. The main house will offer, after renovations, six suites with private bathrooms, one of which meets PRM standards. The tasteful decoration, inspired by the pure charm of the Algarve, will invite visitors on a journey to the heart of Portuguese culture. The outbuilding will be transformed into a small house that can accommodate up to four people. The terrace will offer shaded areas ideal for enjoying the gentle warmth of the region. In the garden, a swimming pool will be installed, as well as outdoor showers, a sauna, and a relaxation area. A small bar suitable for organizing events will complete this picture, bringing relaxation and conviviality. Private parking will guarantee perfect accessibility to the site.

The guesthouse project is the subject of a comprehensive renovation plan, validated by an architect. A market study and an economic projection were carried out to validate the project's relevance and economic viability.

These can be the subject of a full presentation by appointment.

Are you interested in this investment?

Email:                              geral@lusitaniavista.com

Pedro Campos:             +351 938 108 631          - Portuguese, English, Spanish

Maeva Jalin:                   +351 914 127 481         - French, English, Spanish