A rural property near the Algarve with a hotel project is currently available for £1,200,000. This expansive estate features a pre-approved project for rural tourism, allowing up to 2,000m² of development to replace the existing pre-1951 country house. Set on a stunning 28.7ha plot just outside Silves, it boasts breathtaking panoramic views and is well-suited for buyers looking to invest in the tourism sector. The property is equipped with a fruitful landscape full of 12,000 medronho trees and includes two natural lakes for irrigation. In addition, the estate has its own water supply via boreholes and a well, making it a self-sustaining investment option. Being only 17km away from the nearest beach and in proximity to the picturesque medieval town of Silves, this property is positioned perfectly for both relaxation and business. With a living area of 142m² and 3 spacious bedrooms, the existing habitable house offers a charming rustic appeal while the opportunity for development enhances its investment potential. Contact us today for more information or to schedule 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
