The cost of the property featuring a pre-approved hotel project near Silves is set at €1,200,000. This expansive estate covers an impressive 28.7ha plot and presents a perfect opportunity for investors looking to dive into rural tourism. The project allows for a new construction of up to 2,000m², enhancing the existing 3-bedroom country house with significant rental potential in the vibrant Algarve market. The property is situated on a hillside, providing panoramic views across the Serra de Silves and features 12,000 cultivated medronho trees that contribute to its agricultural viability. Additionally, the estate comprises its own lakes, boreholes, and a dependable irrigation system, ensuring sustainability and ease of management for guests or residents. Located close to Silves, a colourful medieval town, this property combines cultural richness with privacy and spaciousness. The proximity to beautiful beaches, golf courses, and local schools makes it an excellent choice for families as well. For those looking for an investment, this property not only promises a good return on investment through tourism but also offers an exceptional lifestyle. Act now to secure your future in the Algarve; contact 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
