This stunning hillside farmhouse with lake access near Silves is available for €1,200,000. Situated on a vast 28.7-hectare plot, this property is not only a serene retreat but also offers the potential for rural tourism development due to its pre-approved project status. The farmhouse currently has three bedrooms and two bathrooms, providing a comfortable living area of 142m², with a total construction area of 188m². Nestled in the picturesque Serra de Silves region, this estate boasts panoramic 360° views, making it perfect for nature enthusiasts and those seeking tranquility. The property features its own lakes, a stream, and two boreholes, ensuring a sustainable water supply. Investors will appreciate the existing fruit farm on-site with 12,000 medronho and numerous citrus trees, providing not only aesthetic beauty but also agricultural income potential. With a mere 17km distance to the nearest beach, you can enjoy the best of both worlds – countryside serenity and coastal leisure. Don’t miss out on this unique investment opportunity tailored for buyers looking to own a piece of beautiful Algarve. Explore this property today before it’s gone!
• 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