The cost of this impressive villa on a 28.7ha plot in Algarve is €1,200,000, offering a rare investment opportunity for buyers looking to establish a rural tourism venture. Nestled in the lush hills just outside Silves, this property not only features a 3-bedroom country house but also includes ample land ideal for various constructions and agricultural developments. With panoramic views across the countryside, the investment potential is substantial, especially with the pre-approved plans for a hotel project allowing for up to 2000m² of accommodation. Beyond the house, enjoy the natural beauty of medronho trees, lakes, and a stream that enrich the landscape. Located conveniently near to Silves, a medieval town rich in history, and just 17km from the nearest beach, you can appeal to both tourists and locals alike. This property combines comfort, natural beauty, and a viable business opportunity in one of the Algarve's most sought-after locations. If you’re considering a unique real estate investment in Algarve, don’t miss out on this chance! Get in touch with us to discuss further 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
