This hillside farmhouse, which offers an expansive plot of 28.7ha, is on the market for €1,200,000, making it an exceptional investment for those interested in rural tourism. Located near Silves, the property boasts breathtaking panoramic views, ideal for attracting visitors seeking a unique experience. The pre-approved project for tourism allows for expansion to a hotel or similar ventures of up to 2000m², creating excellent potential for profitability. The existing three-bedroom country house adds charm while providing a basis for immediate habitation. This estate includes two natural lakes and a river, providing essential water sources for cultivation and irrigation, ensuring sustainability. Emphasising the richness of the Algarve region, with its rich agricultural landscape and charming medieval towns nearby, this property not only offers beauty but also strategic opportunities for capital growth through tourism. Investors will appreciate the robust agricultural infrastructure already in place, combined with its proximity to key amenities. Seize the chance to invest in a property with immense tourism potential today! Reach out to us to explore this unique investment opportunity.
• 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
