Investing in this rural tourism project near Silves is facilitated by the current pre-approval for constructing a hotel on the property. Priced at €1,200,000, the estate includes a hillside farmhouse and spans an impressive 28.7ha, providing ample space for development. Located in a scenic area, this estate is currently a working fruit farm, featuring 12,000 medronho trees among other fruit and pine trees. The existing property is a 3-bedroom, 2-bathroom house, ready for renovation or replacement with up to 2,000m² of new construction. The panoramic countryside views and the serene natural environment will attract tourists seeking a rustic getaway in the Algarve. Furthermore, the property benefits from its own water supply through lakes and boreholes, ensuring sustainability for future operations. Ideal for serious buyers looking for investment opportunities in rural tourism, this property stands out for its location just 9km from the nearest golf course and 17km from the beach. Contact us today to learn more about this exceptional investment opportunity!
• 3 Bedrooms, 2 Bathrooms
• Living area 142m², Construction area 188m²
• Total Plot area 287,280m²
• Applied Project for hotel up to 2000m²
• 12.000 Medronho trees
• Close to Silves
• 360º country views
• Distance from beach 17km
Located within the rolling hills of the Serra de Silves, close to the medieval town of Silves - you will find this impressive estate. The big plot has the pre-approval for a project in Rural Tourism which would replace the current house, if desired to a construction area of up to 2,000m². The summit of the estate offers 360º panoramic views. The plot has its own water supply and irrigation system featuring several terraces, medronho, pine and other fruit trees which will be ideal for agricultural or rural tourism.
House for Renovation
• 3 bedrooms, 2 bathrooms
• Pre-51 habitable country house
• Pre-approved project for hotel to replace the house with allowed 2000m²
• Next to Serra de Silves Natural Park
• Fenced garden
Exterior:
• Two natural lakes that supply water for the orchards
• River that supplies water for the garden and trees
• 12.000 medronho trees
• Carport and gravelled drive with spaces for several cars
• Pre-approval for a pool and a natural swimming lake
Amenities
• 2 boreholes and a well
• Autodrip irrigation system with 32km of pipes and own water supply
• Septic tank
• Mains electricity
• Possible to connect to mains water
Location
Location
• 17km to the nearest beach
• 9km to golf
• 2.8km to nearest school
• 63km to Faro Airport
