Purchasing this property in Silves, which comes with an approved tourism project, is straightforward and geared towards serious buyers looking for lucrative investment opportunities. At €1,200,000, this hillside farmhouse occupies a generous 28.7ha plot, ideal for rural tourism developers or investors seeking a profitable venture. The estate features a pre-approved project that allows the existing 3-bedroom country house to be replaced by a hotel establishment with up to 2000m² of construction, making it a prime location for rural tourism. Located just outside the historic medieval town of Silves, this property not only offers breathtaking panoramic views but also has its own water supply through two boreholes and natural irrigation systems. Surrounded by lush terraces filled with medronho and citrus trees, there is significant potential for agricultural income. The proximity to local attractions, including beaches and golf courses, adds to its allure for holidaymakers. Take action now and explore this unique investment that blends tranquillity with opportunity. Contact us today to discuss the purchasing process!
• 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
