Algarve, Silves, Portugal

Duplex Apartment with Terrace

In a two-story classic building, situated on the avenue of the historic city of Silves, mirroring the traditional composition of manorial houses, typically featuring a ground floor dedicated to commerce and the first floor designated for habitation.

The apartment on the first floor thus integrates, overlooking the Arade River, a common area comprising a living room and bedroom surrounded by large windows allowing ample natural light. The living room includes a simulated fireplace and a dining area in a shared space, a separate kitchen, and a bathroom with two compartments.

On the second and top floor, there is a suite bedroom with a spacious terrace offering panoramic views of the Arade River and its historic bridge with its arches, forts, and buttresses evoking the entire history of the city.

Specifications:
1º floor
Living room: 42m2
Bedroom: 8m2
Kitchen: 10.5m2

2º floor
Ensuite bedroom: 21.30m2
Terrace: 44m2

Gross area: 127m2
Usable area: 95.88m2

The building is integrated into the historic center of the city with all its local commerce and pedestrian streets, offering a tranquil neighborhood life with free parking nearby.

Nestled in the heart of the city's green area, with riverbanks and a riverside promenade featuring green structures and various facilities for children, physical activities, and leisure, such as paddle courts, playgrounds for both children and seniors, swimming pools, a sports complex, a skate park, a basketball court, and pontoons for river access.

Located in the downtown area, perfectly harmonized with the historical ambiance of the city, integrated into the ARU space that promotes the maintenance and balance of historical spaces with the contemporary, allowing the owner to benefit from all the advantages and benefits of fiscal programs, financial support for rehabilitation, leasing, and others.

An excellent investment opportunity, with the possibility of capital returns and living in the historic city of Silves. Silves was the first capital of the Algarve, with layers of history revealing occupation since the times of various peoples - Phoenicians, Romans, Muslims, and Christians. Its geographical position was crucial for its development throughout history.

Classified as a strategic point of connection between the coast, the sea, the major maritime and land trade routes, the atmosphere of the municipality square, the medina walls, the cistern, the castle, the cathedral, and the layout of the old town still evoke its rich history.

Even today, its short distance to the beaches of the municipality - Carvoeiro, Benagil - and the beauty of the Algarve coast allows easy access without the summer crowds and their hustle and bustle disturbing daily life. Close to public and private educational establishments - the International School of the Algarve NOBEL and the German school, which can be a reason for families to reside in Silves.

The city of Silves is recognized for the concept of Slow-City (Cittaslow), originating in Italy and now a global contemporary movement that values a way of life promoting well-being, personal, social, community, and environmental development.

Slow Cities present themselves as refuges from the frenzy of modern life, with no more than 50,000 inhabitants, corresponding to a small-sized city, implementing programs aimed at reducing noise in the city, traffic control, increasing pedestrian areas, and supporting local products. Through the combination of the contemporary with its modernity and space with its history and identity, the goal of slow cities is to combine the best of both worlds.

The 'Slow City' category thus becomes a seal of quality denoting commitment and a reference point for residents, tourists, and investors who expect credibility from the city regarding sustainability for both inhabitants and nature.

As an independent consultant of the IAD real estate agency, I am 100% available by phone or email to provide any additional information about this property and to schedule a more detailed visit.

If you are a professional in the sector and have a qualified buying client, contact me to schedule your visit, as I establish business sharing with any consultant or real estate agency.
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