This property ideal for investment close to Silves is priced at €1,200,000 and offers a fantastic opportunity for potential buyers looking to delve into rural tourism. The farmhouse is situated on an expansive 28.7ha plot, providing ample space for further development, given its pre-approved project for a rural tourism hotel. Featuring a 3-bedroom living space, the farmhouse offers a quaint yet spacious environment for guests. The setting combines picturesque country views with fertile land that includes medronho and citrus trees, creating an inviting atmosphere for both farm activities and tourism. Being just 17km from beautiful beaches, this property is perfectly situated to attract visitors throughout the year. The pre-approval for additional constructions opens up a variety of possibilities for expansion, appealing to savvy investors seeking high rental yields. With its established water supply from lakes and irrigation systems, maintaining the plot is efficient and practical. Don’t miss out on this prime investment opportunity; contact us today 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
