This remarkable hillside farmhouse, situated in the beautiful Algarve region, is available for €1,200,000 and comes with a pre-approved rural tourism project. The property spans 28.7 hectares and includes a charming three-bedroom, two-bathroom farmhouse that can be modernised or expanded under existing project approvals for a new hotel facility of up to 2,000m². The ongoing fruit farm with its captivating surroundings offers both immediate enjoyment and substantial potential for a tourism venture. With its picturesque views and fertile land, this property is designed perfectly for buyers looking to invest in rural tourism while enjoying the scenic beauty of Silves.
Additionally, the property boasts an excellent water supply system with two boreholes, a well, and an auto-drip irrigation setup, making it ideal for agricultural development. The location provides a harmonious blend of rural tranquillity and proximity to local attractions, such as the town of Silves and several stunning beaches only 17 km away. For those considering investment, this property offers an attractive return on investment through potential rental income from tourists seeking a rural getaway. Secure this unique opportunity today before it’s sold out! Contact us for more details and to reserve 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