Silves, Silves, Faro, Silves, Silves, Algarve, Portugal. - Hero Image
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Silves
Silves | Algarve

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Famous Group Real Estate
Famous Group Real Estate
Presented At
€439,000
Bedrooms
2
Bathrooms
2
Living
2,821
SQM
Air Conditioning
Elevator
Kitchen island
Terrace
Balcony
Pool
Outdoor Kitchen
Privacy
Panoramic / Scenic View
Modern
Investment Property
Silves, Silves, Faro, Silves, Silves, Algarve, Portugal. - Photo 1
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Silves, Silves, Faro, Silves, Silves, Algarve, Portugal. , Silves , Algarve

2 Bedroom Penthouse In Silves With Private Pool

Exclusive 2-Bedroom Penthouse with Private Pool and Panoramic Views in Silves
Discover the perfect balance between tradition and modernity in this magnificent 2-bedroom penthouse, located on the top floor of a recently rebuilt historic building in the heart of the charming town of Silves.

With a total of 262m2, this flat stands out for its exceptional luminosity, provided by the large windows that surround the entire space, allowing plenty of natural light to enter throughout the day. The architecture has been carefully planned to offer a unique residential experience, combining elegance, comfort and functionality.

Sophisticated Design and Premium Comfort
Upon entering this Penthouse, it’s impossible not to be enchanted by the modern, fluid layout that extends from the spacious living room to the open-concept kitchen, equipped with a sophisticated centre island. The air-conditioning system ensures thermal comfort all year round.

The two bathrooms are true relaxation areas, with a contemporary and elegant design, both equipped with an Italian-style shower and underfloor heating, offering you maximum comfort on cooler days.

Private Outdoor Oasis
The great thing about this flat is its generous outdoor spaces, totalling 180m2 of private outdoor space. This space includes:

✔ Two spacious terraces, most notably the main one, which extends to 168m2, providing stunning panoramic views over the town of Silves and the emblematic River Arade.
Private heated swimming pool (12.73m2), ideal for moments of leisure and relaxation in total privacy.
Barbecue area with outdoor kitchen, perfect for gathering friends and family and enjoying the Algarve’s mild climate.

Privileged location in the heart of Silves
This flat is part of the emblematic ‘Farmácia’ building, a project that has fully respected the traditional architecture of the town, maintaining its historic charm while integrating modern amenities.

Central location, next to the Municipal Market and the River Arade.
Within walking distance of restaurants, cafés, shops and essential services.
Easy access to the main roads, allowing quick travel to the Algarve’s beaches and other points of interest.

Unique Opportunity
If you’re looking for an exclusive property where the charm of history meets contemporary comfort, this is the ideal choice for you. Whether for permanent residence or as a high-value investment, this 2-bedroom penthouse in Silves is an unmissable opportunity.

Book your visit now and discover your new home in the heart of the Algarve!

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Map showing Silves, Silves, Faro, Silves, Silves, Algarve, Portugal.

Property Location

Silves, Silves, Faro, Silves, Silves, Algarve, Portugal., Silves Algarve

Local Weather & Climate

Silves, Algarve

Current Conditions Updated recently
57 °F
Light rain
Feels Like 57°F
Humidity 95%
Wind 9 mph
Visibility 6.2 mi
Sunrise 6:36 AM
Sunset 6:45 PM
5-Day Forecast
Sat 21 Mar
Clouds
High 63°
Low 56°
Sun 22 Mar
Clouds
High 65°
Low 54°
Mon 23 Mar
Clear
High 68°
Low 55°
Tue 24 Mar
Clouds
High 65°
Low 54°
Wed 25 Mar
Clouds
High 66°
Low 52°
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.

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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: $43,900,000 20% down ($8,780,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$3,772
$3,772/day
Your home may appreciate while you sleep
$26,479/week $114,741/mo $1,376,896/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 💸 -$24.2M
vs
OWN 📈 +$34.3M
$34.3M Potential Equity
vs $24.2M lost to rent over 10 years
$8.8M Down Payment Growth
3.9x
10yr
$34.3M
8.1x
20yr
$70.9M
12.6x
30yr
$110.9M
Wealth Comparison
×264
Equivalent to 264 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $110.9M
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 $51.7M +18%
Market $59.8M +36%
Optimistic $69.0M +57%
$34.3M est. equity
20 Years
Conservative $60.9M +39%
Market $81.4M +85%
Optimistic $108.4M +147%
$70.9M est. equity
30 Years
Conservative $71.7M +63%
Market $110.9M +153%
Optimistic $170.4M +288%
$110.9M 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 apartment at Silves, Silves, Faro, Silves, Silves, Algarve, Portugal features 2 bedrooms with 2,821 square feet of living space.
This property offers 2,821 square feet of living space.
This property is listed at $43,900,000, which equals $15562 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 apartment located in Silves, Algarve. The property is situated in an established neighborhood with convenient access to local amenities and services.
Famous Group Real Estate

Famous Group Real Estate

Famous Group Real Estate

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