Algarve, Silves, Portugal

Operating commercial area,
in a Classic two-story building, on the avenue of the historic city of Silves, corresponding to the traditional composition of manor houses, commonly composed with the ground floor dedicated to commerce and the first floor destined for housing. Now serving as a restaurant, what was once the goods reception dock is still visible inside, with a well that would have been the food cooling area, now featuring a hall that develops around this historic element.

The reception and seating area consist of 3 different levels, offering differentiated private atmospheres for socializing and dialogue, with one elevated on a mezzanine for tasting moments. Meanwhile, the lower level connects to a terrace allowing enjoyment of the outdoor riverside space.

A calm and welcoming environment, with seating capacity for 36 to 44 people. It features construction characterized by wide stone walls, promoting self-regulation in terms of energy, window frames and glass shutters with wooden frames, as well as shutters and doors.

Specifications:
Mezzanine: 20m2
Lounge: 54m2
Service Area: 15m2
Terrace: 20m2

Gross Area: 85m2
Usable Area: 72m2

The building is integrated into the historic center of the city with all its local commerce and pedestrian routes, a quiet and peaceful neighborhood life, with free parking nearby. Located in the heart of the city's green area, with the riverbanks and the riverside promenade with its green structures offering various facilities for children, physical activities, and leisure, such as paddle tennis, playground, and geriatric park, swimming pools and sports complex, skate park, basketball hoop, and pontoons approaching the river surface.

Situated in the downtown area, perfectly framed in the historical ambiance of the city, integrated into an 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 tax programs, monetary support for rehabilitation, leasing, and others. An excellent investment opportunity, with capital profitability potential.

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 transport routes, you can still feel it in the town square, the medina walls, the cistern, the castle, the cathedral, and the layout of the old town.

Even today, its short distance to the County's Beaches - Carvoeiro, Benagil - and the beauty of the Algarve coast allow easy access without the summer crowds and their hustle and bustle bothering your daily life.

The city of Silves is recognized for the concept of Slow-City (Cittaslow), which originated in Italy and today is a worldwide contemporary movement that values a way of life that promotes well-being, personal, social, community, and environmental development. Slow Cities present themselves as refuges from the frenzy of modern life, not exceeding 50,000 inhabitants, corresponding to a small-sized city, implementing programs aimed at reducing noise in the city, traffic control, increasing pedestrian areas, and defending their local products. Through the combination of the contemporary with its modernity and the space with its history and identity, the goal of slow cities is the combination of the best of both worlds.

The 'Slow City' category is thus a quality seal that denotes commitment and a reference point for inhabitants, 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 you with any additional information about this property and schedule a more detailed visit. If you are a professional in the sector and have a qualified buying client, contact me and schedule your visit, as I establish business sharing with any consultant or real estate agency.
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