Building for sale in Silves of 341 m²

Palace consisting of 2 floors with sea view in need of works, located in the center of the town of Pêra, 3 kilometers from the beaches of Armação de Pêra and Salgados.
This manor house will be an ideal investment to create a hostel or a boutique hotel, taking into account "the cachet" of this building where there are 6 compartments on the ground floor with a fantastic main entrance with access stairs to the 1st floor where you will find 10 spacious rooms with plenty of ceiling height and worked ceilings, in addition to several other alternative entrances that will help divide this building.
We can also count on a backyard with 3 outbuildings in a state of ruin where you will find an old wood oven, which can be rebuilt for garages, bedrooms, outdoor kitchen and swimming pool and etc... Located on a plot of land with 678 m2, with a gross private area of 341 m2 and a
gross construction area of 529 m2, this palace can be converted into a building with horizontal property where shops and apartments can be created.
A coworking center will also be welcome and ideal to bring this old palace to life!
Come and visit this palace, let your imagination work and project yourself into the rehabilitation of this property with character where you can enjoy a reduced VAT rate for the reconstruction!