Purchasing this farmhouse near Silves, complete with a pre-approved hotel project, offers compelling benefits that any serious investor would appreciate. Valued at €1,200,000, the property is set on an extensive 28.7-hectare estate, featuring lush medronho orchards, scenic lakes, and rich agricultural land ideal for rural tourism. The pre-approved plans allow for the development of a hotel up to 2,000 square meters, tapping into the lucrative Algarve tourism market and providing significant growth potential. With three spacious bedrooms and stunning panoramic views from the farm's elevated position, this property offers both comfort and the allure of countryside living. Additionally, with its own water supply system and two boreholes, the land not only supports a thriving agricultural enterprise but also means lower overhead costs for maintaining the estate. The location is strategic, with nearby attractions including the historic town of Silves, local schools, and beautiful beaches just 17 km away, making it attractive for both guests and residents. For buyers looking to secure a versatile investment in a burgeoning market, this property is truly one-of-a-kind. Don’t hesitate; contact us now to explore this fantastic opportunity!
• 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
