Investing in a pre-approved hotel project near Silves provides numerous benefits for motivated buyers. This farmhouse, located on a vast 28.7-hectare plot, comes with a pre-approved application to replace the current residence with a modern hotel of up to 2,000 m². Priced at €1,200,000, it represents an exceptional opportunity for those looking to tap into the rural tourism market, which is on the rise within the Algarve. The property features stunning panoramic views and abundant water supplies, crucial for both hotel operations and agriculture. With its proximity to Silves, guests can explore local historical sites and enjoy the scenic beauty of the surrounding hills. Additionally, having an established fruit farm with 12,000 medronho trees enhances the allure, allowing for unique offerings in the hospitality sector. This investment not only assures good rental returns but is also strategically positioned near the region’s beautiful beaches. If you're serious about expanding your portfolio in rural tourism, connect with us today to discuss this promising property!
• 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
