Investing in a pre-approved rural tourism project near Silves allows you to tap into a thriving market with substantial potential. The highlighted farmhouse offers a 28.7-hectare plot with an application in place to replace the current structure with a modern hotel spanning up to 2,000 m². At an attractive price of €1,200,000, this opportunity not only includes the land but also the existing fruit farm, making it a profitable investment. The property features abundant water supplies, including natural lakes and boreholes, ensuring all agricultural and tourism activities are well-supported. With 360-degree views of the stunning Algarve countryside, guests will be drawn to the unique offerings of this landscape. The potential for high ROI and steady rental income makes this investment particularly enticing for investors focused on rural tourism. You're also just a short drive from the enchanting medieval town of Silves, enhancing the appeal for visitors. Take advantage of this opportunity and reach out today to receive further details or to schedule a viewing of this promising project!
• 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
