The 28.7ha plot near Silves presents a wealth of investment opportunities, especially for those interested in rural tourism. Priced at £1,200,000, this expansive estate includes a three-bedroom farmhouse and is already approved for a project that allows for a potential hotel development of up to 2,000m². The property not only offers breathtaking panoramic views but also includes essential amenities such as a natural water supply and fertile land ideal for agricultural ventures. With currently over 12,000 medronho trees and additional fruit varieties, there's significant potential for organic farming or eco-tourism businesses to thrive. The location, just 17km from the coast, enhances its appeal for future investors, catering to both local and tourist markets. With the nearby medieval town of Silves adding historical charm and tourist footfall, the possibilities for generating a good return on investment are remarkable. This is an excellent time to enter the market in such a desirable location—contact us for more information on making this investment yours!
• 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
