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What is the investment potential of a fruit farm with panoramic views in the Algarve?

Villa in Silves

ref. LG2289
13.192.366SEK
  • E
  • 3
  • 2
  • 142m2
  • 287.280m2
  • Farm

Investing in this hillside fruit farm near Silves offers remarkable potential. Nestled on a substantial 28.7-hectare plot, this property boasts panoramic views and already has an established working fruit farm with 12,000 medronho trees. The current layout includes a 3-bedroom, 2-bathroom country house and has a pre-approved project that allows for a new hotel development covering up to 2,000m², making it a prime choice for investors focused on rural tourism and agricultural ventures. With several ponds, lakes, and its own water supply, managing the land for agricultural purposes becomes much easier. The proximity to Silves and just 17km to the nearest beach enhances its appeal, drawing tourists and renters alike. Nearby conveniences include schools and golf courses, ensuring that both residents and visitors have all necessary amenities within reach. Investing here means tapping into the growing market for agritourism in the Algarve, presenting significant rental income opportunities. The picturesque countryside surrounding the estate adds to both aesthetic charm and value. Don’t miss out on this chance to invest in a property primed for expansion and growth. Contact us today to learn more about this unique opportunity!

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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