Silves, a charming town and municipality in the central Algarve, has been attracting an increasing number of property buyers in recent years. With its rich history, picturesque streets, and proximity to some of the Algarve’s most beautiful beaches, Silves offers a unique and appealing lifestyle for those seeking a more authentic Portuguese experience.
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Location and Accessibility
Silves is located in the central Algarve, approximately 50 kilometres west of Faro and its international airport. While the town itself doesn’t have a beach, it’s within easy driving distance of several stunning stretches of coastline, including the beaches of Armação de Pêra, Praia Grande, and Praia da Marinha.
The town is well-connected by road, with easy access to the A22 motorway and the N124 national road. Silves also has a bus station with regular services to other parts of the Algarve, and there is a train station at Silves-Gare which is around 3 km from the town centre. From here, you can connect to other Algarve cities like Faro and Portimão as well as take the train to places like Silves and Porto. That said, having a car is still recommended.
History and Culture
One of the things that sets Silves apart from many other Algarve towns is its rich history. Silves was once the capital of the Algarve during the Moorish occupation, and this legacy can still be seen in the town’s architecture and monuments.
The most iconic landmark is the Silves Castle, a sprawling fortification that dates back to the 8th century. The castle offers stunning views over the town and surrounding countryside, and is a must-visit for anyone interested in the region’s history.
Other notable historical attractions include the Silves Cathedral, a beautiful example of Gothic architecture, and the old Roman bridge that spans the Arade River.
Despite its historical importance, Silves has managed to retain a more authentic, less touristy feel than many coastal towns in the Algarve. Here, you’ll find traditional Portuguese restaurants, local shops, and a relaxed, friendly atmosphere that makes it a great place to live or visit.
Property Market
The property market in Silves offers a range of options to suit different budgets and preferences. In the historic town center, you’ll find charming apartments and townhouses, many of which have been beautifully renovated to combine traditional features with modern amenities. Some properties even offer the unique opportunity to live within the castle walls.
Outside the town centre, the options become more varied. Here you’ll find larger villas and rural properties, often with private pools, spacious gardens, and stunning views over the countryside.
In general, property prices in Silves are more affordable than in many coastal areas of the Algarve. However, the town’s growing popularity means that prices have been rising in recent years, particularly for properties with unique historical features or prime locations.
Neighborhoods and Villages
As well as being a town Silves is also the name for the surrounding municipality.
Silves municipality extends from the coast to the interior, encompassing several charming villages and neighbourhoods, each with its own unique character:
- Silves Old Town: Also known as “Silves Velha,” this is the historical heart of the municipality. Here you’ll find narrow cobbled streets, traditional houses, and iconic landmarks like the Silves Castle and Cathedral.
- Silves Gare: The neighbourhood closest to the train station typically has more affordable properties than Silves itself. However, it lacks the charm of the town centre and a good way of getting to and from there without a car.
- Alcantarilha: A picturesque village known for its historic charm and the stunning Igreja Matriz de Nossa Senhora da Conceição church.
- Armação de Pêra: A lively coastal town with a beautiful sandy beach, fresh seafood restaurants, and a traditional fishing community.
- Pêra: Known for its pottery and ceramics, Pêra is a charming village with skilled artisans and a beautiful church adorned with azulejos (traditional Portuguese tiles).
- Algoz and Tunes: Two traditional villages that offer a glimpse into authentic Algarvian life, with local markets, relaxed atmospheres, and easy access to transportation.
Buying Process
The process of buying a property in Silves is similar to that in other parts of Portugal. Here’s a brief overview:
- Find a property: You can search properties for sale at Portugalist.com/property.
- Attend viewings: Although you can buy a property sight-unseen, it’s highly recommended that you view the property in-person (and ideally a few times).
- Make an offer: Once you’ve found a property you like, you’ll need to make a formal offer, usually through your real estate agent.
- Sign the promissory contract: If your offer is accepted, you’ll sign a promissory contract (Contrato de Promessa de Compra e Venda or CPCV) and pay a deposit, typically 10-30% of the purchase price.
- Complete the purchase: On the agreed completion date, you’ll sign the final deed of sale (Escritura Pública de Compra e Venda) before a notary, pay the remaining balance, and receive the keys to your new property.
As with any property purchase, it’s important to work with experienced professionals, such as a local lawyer, to ensure that the process goes smoothly and that your interests are protected.
It’s not a requirement, but it may be a good idea to work with a buyer’s agent as well. A buyer’s agent is an estate agent who works with you to attend viewings, analyse the paperwork, and to determine if the property is a good buy.
Conclusion
Silves offers a unique and compelling opportunity for those seeking a more authentic Algarvian lifestyle. With its rich history, picturesque streets, and proximity to some of the region’s most beautiful beaches, it’s no wonder that more and more people are choosing to call this charming town home.
Whether you’re looking for a permanent residence, a holiday home, or an investment property, Silves has something to offer. From charming apartments in the historic center to spacious villas in the surrounding countryside, there’s a wide range of options to suit different tastes and budgets.
Of course, buying a property is a significant decision that requires careful consideration and planning. It’s important to do your research, work with trusted professionals, and take the time to find the right property for your needs.
But for those willing to make the leap, Silves offers a chance to experience the best of the Algarve – its history, its culture, its natural beauty, and its warm, welcoming people. So why not start your Algarvian adventure today and discover all that this enchanting town has to offer?