The price for this stunning rural tourism property near Silves is €1,200,000. This extensive estate spans 28.7 hectares and boasts breathtaking panoramic views along with essential amenities for rural tourism investments. It currently features a 3-bedroom, 2-bathroom house, alongside its fruitful surroundings of medronho, citrus, and pine trees, which amplify its agricultural appeal. If you're investigating investment opportunities in the Algarve, this property offers a pre-approved project that can allow for up to 2,000m² of a new hotel development in place of the existing structure. Located only 17km from the beach and near the picturesque medieval town of Silves, it’s ideal for those seeking to invest in a flourishing tourist market. In addition to the rural charm, this property includes two lakes and a stream that provide natural irrigation for its trees, enhancing its agricultural potential. Future buyers will appreciate the ready water supply from boreholes and a well, making it perfect for organic farming or a boutique hotel. Explore this unique opportunity that combines both tranquility and investment potential! Contact us now to schedule a viewing!
• 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
