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Where can I invest in a rural tourism property near Silves?

Villa in Silves

ref. LG2289
13.878.506NOK
  • E
  • 3
  • 2
  • 142m2
  • 287.280m2
  • Farm

For buyers looking to invest in a rural tourism property, this hillside farmhouse near Silves is a prime opportunity. Set on an expansive 28.7 hectares, the plot is currently a functioning fruit farm with stunning panoramic views and a pre-approved project for Rural Tourism. This allows for the potential development of a hotel up to 2,000m², representing an excellent investment opportunity in the Algarve region. The property features 3 bedrooms and 2 bathrooms within a habitable structure built before 1951, adding unique charm and character. Its location, just 17km from the nearest beach and close to the medieval town of Silves, enhances its appeal for future guests. With a water supply through boreholes and natural lakes, operational costs for maintaining agricultural activities are significantly reduced. Not to mention, the fertile land with medronho and citrus trees is ripe for agricultural ventures. Investors can also take advantage of the local market, which is experiencing a surge in tourism, making this an ideal investment location. Prospective buyers will appreciate the untouched nature of the property, allowing for creativity in development while maintaining natural beauty. Easy access to local amenities, schools, and golf courses further enhances its suitability for tourism. Don't miss this unique chance to secure a promising investment in one of Portugal's most beautiful regions. Contact us today to explore this property and discuss your vision for its future!

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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