A farmhouse on a generous 28.7-hectare plot in the Algarve presents a myriad of investment opportunities. This remarkable property features pre-approved plans for a rural tourism project that can replace the existing structure with a substantial hotel of up to 2,000 m², creating a lucrative investment option. Set against rolling hills with stunning panoramic views, this farmhouse includes productive medronho orchards and ample water sources, including two lakes and an irrigation system, ensuring sustainable agricultural practices. With a price of €1,200,000, buyers can capitalise on both agricultural production and the booming tourism market in the region. Ideal for investors seeking to establish a holiday retreat, boutique hotel, or organic farm, this property caters to diverse interests. Being located just 17 km from the nearest beach enhances its desirability for holiday rentals. Additionally, the property's proximity to Silves provides easy access to local culture and attractions. Don’t miss out on this exceptional investment – contact us to learn more about its potential!
• 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
