Investing in land near Silves with a pre-approved hotel project has never been more accessible! This impressive 28.7-hectare estate is already equipped with planning permissions to replace the current pre-1951 country house with new hotel facilities covering up to 2,000m². With a current listing price of €1,200,000, this investment stands as a remarkable opportunity due to its lucrative location close to the medieval charm of Silves and just a short drive from splendid Algarve beaches. The property is already a working fruit farm, featuring 12,000 medronho trees and natural irrigation systems, ensuring sustainability and enhancing agricultural yield. Imagine the potential for eco-friendly tourism or a tranquil getaway that can attract visitors year-round! Additionally, its position among scenic hills offers 360-degree views, making the site even more appealing. Seize this unique opportunity that promises both return on investment and lifestyle benefits! Contact us today to start your journey into profitable land investment.
• 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