Investors looking for lucrative opportunities will find this fruit farm estate near Silves particularly appealing, available for €1,200,000. Set over an expansive 28.7-hectare plot, this property currently operates as a fruit farm, featuring 12,000 medronho trees and a variety of citrus crops. With a pre-approved tourism project that allows for the construction of a hotel up to 2000m², the investment potential is significant, catering to the growing demand for rural tourism in the Algarve. Located just 17km from the nearest beach, the estate not only provides an agricultural income but also positions itself favorably for holiday rentals or tourism ventures. The property has its own lakes and a reliable water supply through boreholes, ensuring sustainable agricultural practices. Surrounded by lush hills and stunning 360° views, this estate offers a perfect mix of tranquility and investment opportunities. The nearby medieval town of Silves adds historic charm and potential clientele. Explore this fantastic opportunity and transform your investment dreams into reality—contact us for more information today!
• 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
