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What is the cost of a large plot suitable for rural tourism in Algarve?

Villa in Silves

ref. LG2289
1.200.000€
  • E
  • 3
  • 2
  • 142m2
  • 287.280m2
  • Farm

The price for a large plot suitable for rural tourism in Algarve is set at €1,200,000. This exceptional 28.7ha rural estate near Silves is already equipped with a farmhouse and has a pre-approved application for a rural tourism project. The current structure can be replaced or renovated, providing up to 2,000m² of space for a new development, making it an attractive investment. Situated in a picturesque location, the property features a variety of medronho and citrus trees, two natural lakes, and a stream that enhances its appeal for agricultural tourism. It is conveniently positioned close to the historic town of Silves and the Serra de Silves Natural Park. Ideal for buyers who seek not just a home but a venue for unique tourism experiences in the Algarve. The potential for ROI through agritourism is significant, further strengthened by its proximity to various amenities, including schools and golf courses. With the Algarve's tendency to attract guests year-round, this property represents a smart investment opportunity. Don't miss out on your chance to acquire this unique rural estate; contact us today!

Usage
Residential
Type
Villa
Town
Silves
Parish
Silves
Municipality
Silves, Faro
Region
Algarve (West)
Construction Year
1951
Rooms
4
Bedrooms
3
Bathrooms
2
Floors
1
Living Area
142 m²
Usable area
188 m²
Plot Area
287.280 m²
Country Road
Carport, Parking outdoors
Lounge/Dining
Fully Fitted, Rustic
Storage
1 Family Bathroom, 1 En-Suite
Internet/Phone
Mains electric, Septic tank, Gas Bottle, well, 2 Boreholes
Single Glazing
Auto irrigation, Landscaped, Natural
2 Lakes, River, Water tank, Orchard
Countryside View, Panoramic View
• 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
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