This exceptional 3-bedroom farmhouse in the Algarve is available for €1,200,000, making it a compelling investment for buyers seeking properties with development potential. Set within a sprawling 28.7-hectare estate near Silves, this property not only features a charming country house but also has pre-approved plans for a rural tourism project. With the possibility to replace the old structure with a hotel of up to 2,000 square meters, this investment could yield significant returns given the booming Algarve tourism market. The stunning countryside views across the estate enhance its appeal, creating a picturesque backdrop for any renovation or new construction. Additionally, the estate comes with a wealth of productive land, including 12,000 medronho trees and other fruit trees, which adds to its agricultural value and potential. The location offers easy access to local amenities, stunning beaches just 17 km away, and the historical town of Silves. This is an outstanding opportunity for buyers looking to invest in rural tourism or create their own private retreat in a prime location. Don't miss your chance—contact us now for more details!
• 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
