Full Description
Old Cork Factory in the Historic Center of Silves - Land with Residential and Commercial Feasibility
We present a unique investment opportunity in the heart of the historic city of Silves: an old cork factory, with a plot of 3,700 m², inserted in a multi-family housing space in the PDM.
The property combines historical character with enormous constructive potential, making it ideal for those who want to develop a real estate or tourist project of reference in one of the most emblematic cities in the Algarve.
Construction potential:
Land area: 3,700 m²
Occupancy Index (Io): 0.40 up to 1,480 m² of implementation
Utilization Index (Iu): 1.67 up to 6,179 m² of gross construction
Max. of floors: 4
Possible distribution per floor: up to ~1,545 m²
Previous project (2010):
A housing and commercial project has already been planned, consisting of:
48 dwellings (8 T1, 39 T2, 1 T3)
+ 800 m² of commerce and services
3 independent buildings
Prime location:
Located in the heart of the historic centre of Silves, close to local shops, services and tourist attractions, this property represents an excellent opportunity to:
Rehabilitation of the old factory
Construction of multi-family housing
Tourism or mixed projects
A rare opportunity to transform an old cork factory into an innovative project in the heart of the historic city of Silves.
Contact us now for more information and to schedule a visit!
Energy Rating: Exempt
#ref: LL027
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