The asking price for this remarkable farmhouse with 28.7 hectares of land in Algarve is €1,200,000. This property represents not just a physical space but an investment into a lifestyle. Nestled in the hills near Silves, it combines the advantages of rural living with the potential for income generation through tourism, thanks to the pre-approved farmhouse replacement project. This location is perfect for those looking to enjoy the serene countryside while still being only 17km away from sandy beaches. The farmhouse comprises 3 bedrooms and 2 bathrooms, creating a comfortable living environment while allowing for future expansion or renovation. Surrounded by medronho and citrus orchards, this land offers both agricultural potential and a canvas to develop further tourism-related services. Buyers should consider the increasing interest in Algarve's rural tourism sector, not to mention the investment opportunities it provides. This farmhouse's unique features, such as natural lakes and irrigation systems, add significant value, ensuring sustainability for any agricultural pursuits. The combination of space, location, and existing resources positions this farmhouse as a rare opportunity in a growing market. If you're serious about investing in Algarve, this property deserves a closer look. Contact us to schedule a viewing or to receive further details about financing options!
• 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
