This remarkable property located just outside Silves is available for €1,200,000 and comes complete with a pre-approved hotel project. The approved project allows for the construction of up to 2,000m², making it ideal for buyers looking to invest in the Algarve's lucrative tourism market. Situated on an extensive 28.7-hectare plot, this property is currently a thriving fruit farm with over 12,000 medronho trees and has its own lakes, boreholes, and irrigation systems, all of which contribute to its unique appeal. With stunning 360-degree views of the countryside and a mere 17 km from the nearest beach, it's perfect for capitalising on both agricultural and hospitality ventures. Additionally, the proximity to major attractions, including the medieval town of Silves, ensures a steady influx of visitors year-round. The design and natural features of this estate highlight its potential, especially for those looking to create an eco-friendly tourism business. The current farmhouse provides a cosy retreat while you embark on your development journey. This is a rare opportunity that blends lifestyle and investment potential seamlessly. Explore your options and seize this chance to own a piece of Algarve with a profitable hotel venture waiting to be realised! Reach out to us for more information and to arrange a viewing.
• 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
