Algarve, Silves, Algarve, Portugal. - Hero Image
mark-sea-6-color-scheme-3 Created with Sketch.
Algarve
Silves | Algarve

The Art of

Exceptional Living

View More
Menu
Seven Quintas Property Search
Seven Quintas Property Search
Presented At
€2,200,000
Bedrooms
5
Bathrooms
5
Living
8,633
SQM
Office
Laundry Room
High Ceiling
Elevator
Air Conditioning
Garage
Balcony
Terrace
Outdoor Living Space
Pool
Outdoor Kitchen
Algarve, Silves, Algarve, Portugal. - Photo 1
Algarve, Silves, Algarve, Portugal. - Photo 2
Algarve, Silves, Algarve, Portugal. - Photo 3
Algarve, Silves, Algarve, Portugal. - Photo 4
Algarve, Silves, Algarve, Portugal. - Photo 5
Algarve, Silves, Algarve, Portugal. - Photo 6
Algarve, Silves, Algarve, Portugal. - Photo 7
Algarve, Silves, Algarve, Portugal. - Photo 8
Algarve, Silves, Algarve, Portugal. - Photo 9
Algarve, Silves, Algarve, Portugal. - Photo 10
Algarve, Silves, Algarve, Portugal. - Photo 11
Algarve, Silves, Algarve, Portugal. - Photo 12
Algarve, Silves, Algarve, Portugal. - Photo 13
Algarve, Silves, Algarve, Portugal. - Photo 14
Algarve, Silves, Algarve, Portugal. - Photo 15
Algarve, Silves, Algarve, Portugal. - Photo 16
Algarve, Silves, Algarve, Portugal. - Photo 17
Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10
Thumbnail 11
Thumbnail 12
Thumbnail 13
Thumbnail 14
Thumbnail 15
Thumbnail 16
Thumbnail 17
Algarve, Silves, Algarve, Portugal. , Silves , Algarve

Historic building with Boutique Hotel project in central Silves, Algarve

This beautiful old building enjoys a stunning location within the city centre of the picturesque medieval town of Silves in the West Algarve. The property is conveniently located with every amenity you might need on its doorstep and not far from the banks of the River Arade, which flows through town. An easy stroll gets you to local cafés, terraces, restaurants, the local market and supermarkets. The much-lauded Marisqueira Rui restaurant is just a few doors down, while the beautiful beaches of Carvoeiro are just a 10-minute drive away. A great location to live life in the authentic surroundings of a beautiful Portuguese town.

The plans have been designed to create a beautiful family home, which possibly could also be used as a small Boutique Hotel, should you wish to start such a business. The property, with its four spacious bedroom suites and a studio for the owners on the ground level, would certainly lends itself to such a venture!

On the ground level there is a spacious private garage. Original double wooden doors open into the entrance hall with a staircase and elevator at the heart of the property. Light streams into the staircase from the roof terrace, so the hall is a light space at the centre of the house. The ground floor continues with an atelier and a one-bedroom studio, which will have a lounge with kitchenette, a bathroom and a bed(room). Total área útil of this floor is 158,57m2.

Plans for the first floor reveal a large living room with an open-plan kitchen, an office and a guest WC. As the house is located on a corner, light flows in from the south and the west, bringing plenty of light to the rooms, total área útil of this floor is 258,74m2. On the second floor there are four generous bedroom suites, all with dressing room and en-suite bathroom, total área útil 159,59m2. All bedrooms will also have a private terrace (with a total area of 82m2). The whole building has very high ceilings, adding to the sense of space and grandeur. Impressive plans for the roof include a generous roof terrace. The laundry room is also located here, as well as another guest WC. The terrace has a covered terrace space (30m2 área útil), as well as a large open roof terrace space (102m2) with an outdoor kitchen, joined of course by a swimming pool (22m2). From the rooftop there are wonderful views over the town, with the Sé de Silves (cathedral) and the Silves Castle towering above the skyline, which, especially at night, when these monuments are illuminated, offers an enchanting sight.

Once finished the property would work just as successfully as a very unique family home, or as a very comfortable City Boutique Hotel, with four generous bedroom suites. In the latter the owner could live in the studio downstairs. The price is for the finished turn key project. Should you wish to do the building work yourself, this could also be a possibility.

Please contact us for more detailed information on this fabulous project!

About the council area:
Silves – West Algarve / Barlavento
Silves is a historic city in the Algarve, renowned for its Moorish castle and narrow streets in the historic center, preserving Arab and medieval heritage.
The city was the Algarve’s capital for centuries and stands out for its role in maritime expansion and local culture.
The municipality, crossed by the Arade River and surrounded by hills, offers traditional festivals, craft fairs, and regional cuisine, combining history, culture, and tranquillity in a unique destination.

Exterior

Property

Gallery

3D Street View Tour

Map showing Algarve, Silves, Algarve, Portugal.

Property Location

Algarve, Silves, Algarve, Portugal., Silves Algarve

Local Weather & Climate

Silves, Algarve

Current Conditions Updated recently
56 °F
Overcast clouds
Feels Like 55°F
Humidity 94%
Wind 6 mph
Visibility 6.2 mi
Sunrise 7:39 AM
Sunset 5:54 PM
5-Day Forecast
Fri 30 Jan
Clouds
High 61°
Low 53°
Sat 31 Jan
Clouds
High 60°
Low 49°
Sun 1 Feb
Clouds
High 62°
Low 57°
Mon 2 Feb
Rain
High 59°
Low 49°
Tue 3 Feb
Rain
High 56°
Low 47°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Silves?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Portugal)
€0 Est. First Year Interest Deduction
€0 Est. Annual Tax Savings
*Maximum annual deduction is €296. Property must be permanent residence. Phasing out for higher incomes.

Ready to explore financing?

Connect with trusted mortgage partners

Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Portugal. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Portugal tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Our perspective on current market conditions in Silves. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $220,000,000 20% down ($44,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$18,905
$18,905/day
Your home may appreciate while you sleep
$132,695/week $575,013/mo $6,900,160/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$121.1M
vs
OWN 📈 +$171.7M
$171.7M Potential Equity
vs $121.1M lost to rent over 10 years
$44.0M Down Payment Growth
3.9x
10yr
$171.7M
8.1x
20yr
$355.5M
12.6x
30yr
$555.6M
Wealth Comparison
×1,323
Equivalent to 1,323 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $555.6M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $259.1M +18%
Market $299.6M +36%
Optimistic $345.7M +57%
$171.7M est. equity
20 Years
Conservative $305.1M +39%
Market $408.0M +85%
Optimistic $543.3M +147%
$355.5M est. equity
30 Years
Conservative $359.3M +63%
Market $555.6M +153%
Optimistic $853.8M +288%
$555.6M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at Algarve, Silves, Algarve, Portugal features 5 bedrooms with 8,633 square feet of living space.
This property offers 8,633 square feet of living space.
This property is listed at $220,000,000, which equals $25484 per square foot.
Based on current market indicators, Silves shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Silves, Algarve. The property is situated in an established neighborhood with convenient access to local amenities and services.
Seven Quintas Property Search

Seven Quintas Property Search

Seven Quintas Property Search

View Full Profile

Schedule a Tour

Get in touch with our listing agents

SunMonTueWedThuFriSat

More Listings

Explore more properties

Official Real Estate Games

Have fun discovering more properties while playing our real estate games — win prizes for ranking high!

$
$
$
$
$
$
$
WIN CREDITS
Up Your Real Estate Skills FOR FREE

Loading listings...