TiO2 nanoparticles synthesized by the sol-gel method and doped with Ag were characterized by SEM, EDAX, FTIR, BET, XRD and TEM, then tested in the photocatalytic degradation of methylene blue (MB) under UV irradiation. The experimental results indicate that the average size of the raw particles was 10 nm, and their size was increased by calcination. The photocatalytic degradation of MB on nanostructured TiO2-Ag shows a high degradation efficiency upon the addition of a photosensitizer. A parametric study of the process was performed and has revealed the optimal value of the photocatalyst dose (0.3 g L−1) at a MB concentration of 4 ppm. Afterwards, the effect of acetone as a photosensitizer was studied. A MB degradation mechanism was proposed to explain the synergy between the TiO2 and the silver nanoparticles in the degradation performance. Under the optimal experimental conditions, at photosensitizer doses of 0.1 and 0.2%, yields of 92.38% and 97.25% MB degradation were achieved, respectively. Kinetic models showed that, at 0.1% acetone concentration, the data fit the pseudo-first-order model, while at 0.2% acetone, the photodegradation mechanism fits a second-order model. The values of the apparent rate constants indicate that the reaction rate increased between 24 and 40 times in the presence of acetone on TiO2 and TiO2-Ag. The addition of acetone modified the photodegradation mechanism and the Ag-doped samples became more active. The results of recycling tests using calcined TiO2-Ag material clearly show that the material was highly photocatalytically stable for the MB degradation. According to experimental results, the dye degradation decreased from 97.25% to 92.39% after four consecutive cycles. This simple approach could be applied for the advanced cleaning of wastewater contaminated with dyes, in the perspective of its reuse.