House 197 м² in Silves, Portugal

1 461 104 $

7 416 $ /м²

4OTdS

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #1

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #2

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #3

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #4

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #5

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #6

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #7

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #8

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #9

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #10

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #11

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #12

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #13

House 197m² in Portugal, Silves. Priced at 1250000€ rent photo- #14

Area

197 м²

Plot of land for sale in Silves, Algarve, Portugal.

This is an outstanding opportunity to redevelop an entire village of 8 homes in a spectacular location surrounded by nature and with magnificent lake views. With almost 10 hectares of land sloping down to the water, enveloped by cork and olive trees and tranquility, the property is ideal for a world class luxury rural tourism project or a magnificent private estate. Create the perfect retreat from the stresses of a busy world and enjoy over 300 days of sunshine a year and the wild beauty of the landscape with only the sounds of birds breaking the silence. The mountainous terrain, boundless blue skies, crystal clear lake and dazzling starry skies create the perfect setting for mountain biking, horseback riding, bird watching, hiking nature trails and a variety of non-motorized water sports. Just 30 minutes from the medieval town of Silves, 20 minutes from the town of São Bartolomeu de Mesines with rail connections to Lisbon and 50 minutes from Faro International Airport.

Additional details

Property type

All Types

Object type

House

Price

1 461 104 $

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Silves; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Portugal finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Portugal takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Silves short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (1 461 104 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Silves: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).