Investing in rural tourism in Silves has never been more promising with this exceptional property now on the market. This 28.7-hectare estate is not only a charming 3-bedroom country house but is also complete with pre-approved project plans for a hotel development, allowing for up to 2,000m² of construction. Priced at €1,200,000, it's an opportunity for serious investors to tap into the growing tourism sector in the Algarve. The property includes diverse agricultural features such as two lakes, extensive irrigation systems, and a variety of fruit trees that enhance its agricultural value. With its prime hillside location, panoramic views, and proximity to the cultural richness of Silves, the potential for attracting visitors is tremendous. This area offers an ideal mix of rustic charm and modern amenities, with the beach only 17 km away and schools and golf nearby. Perfect for anyone looking to establish a sustainable business model that can thrive in the rural tourism market. Don’t miss out on the chance to make a lucrative investment—contact us to learn more!
• 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