Investing in this property presents numerous opportunities, particularly with its pre-approved hotel project in the Algarve region. Currently functioning as a working fruit farm and set on a sprawling 28.7 hectares, the potential for rural tourism development here is immense. The existing 3-bedroom farmhouse can be replaced with a new structure of up to 2000m², catering to the growing demand for tourism in the area. With 12,000 medronho trees and other fruit trees, this estate already has an agricultural base which enhances its appeal for buyers looking to diversify their investments. Nestled near Silves, the property boasts 360-degree countryside views, making it a tranquil retreat for tourists and locals alike. Its proximity to beaches, golf courses, and schools ensures year-round interest from potential guests and future buyers. The extensive water supply systems and the potential for a swimming pool add further allure for developing leisure facilities. This is an excellent opportunity for buyers interested in not only purchasing a property but establishing a profitable venture in a sought-after location. Reach out today to explore this investment opportunity further!
• 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
