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How much does a rural tourism property with a pre-approved 2,000m² hotel project in the Algarve cost?

Villa in Silves

ref. LG2289
8.943.448CNY
  • E
  • 3
  • 2
  • 142m2
  • 287.280m2
  • Farm

The asking price is €1,200,000 for this rural tourism property near Silves in the Algarve. The estate includes a pre-approved project for a hotel or rural tourism development with a permitted construction area of up to 2,000m². Buyers also acquire a three-bedroom farmhouse, extensive agricultural land and valuable existing water infrastructure. Set in the Serra de Silves, the property extends across approximately 287,280m², or 28.7 hectares. The current country house dates from before 1951 and offers 142m² of living space within 188m² of construction. It contains three bedrooms, two bathrooms, a rustic fully fitted kitchen and a lounge-dining area. The house is suitable for renovation or replacement through the approved rural tourism project. An elevated position delivers far-reaching 360° countryside views. The land is currently used as a working fruit farm. Around 12,000 medronho trees provide an established agricultural asset and potential future income stream. Citrus, pine and other fruit trees add diversity to the estate. Two natural lakes, a stream, two boreholes and a well support the orchards and gardens. A 32-kilometre autodrip irrigation system helps manage the extensive planting. Mains electricity, a septic tank and the possibility of connecting to mains water are already available. The site also has a carport, a gravelled driveway and parking for several vehicles. Pre-approval is also noted for a swimming pool and a natural swimming lake, subject to the relevant conditions. Silves, with its medieval castle, historic centre and local services, is close by. The nearest beach is approximately 17 kilometres away, while golf is around 9 kilometres from the estate. Faro Airport can be reached in approximately 63 kilometres, supporting international access for guests or owners. Contact us now to discuss the purchase and arrange a viewing of this Algarve investment opportunity.

Usage
Residential
Type
Villa
Town
Silves
Parish
Silves
Municipality
Silves, Faro
Region
Algarve (West)
Construction Year
1951
Rooms
4
Bedrooms
3
Bathrooms
2
Floors
1
Living Area
142 m²
Usable area
188 m²
Plot Area
287.280 m²
Country Road
Carport, Parking outdoors
Lounge/Dining
Fully Fitted, Rustic
Storage
1 Family Bathroom, 1 En-Suite
Internet/Phone
Mains electric, Septic tank, Gas Bottle, well, 2 Boreholes
Single Glazing
Auto irrigation, Landscaped, Natural
2 Lakes, River, Water tank, Orchard
Countryside View, Panoramic View
• 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
Enquire Now   +