This hillside property near Silves is equipped with a pre-approved project perfect for developing a hotel up to 2,000m². Tailored for buyers interested in capitalising on Algarve's thriving tourism sector, this large estate spans an impressive 28.7 hectares. The current structure is a habitable 3-bedroom country house, offering immediate accommodation while extensive development plans can transform this estate into a resort destination. The property features its own lakes and irrigation system, along with an abundance of medronho and citrus trees, perfect for creating a unique experience for guests. Owning this property means you can step into a lucrative investment with established agricultural prospects. With its proximity to Silves and the beach just 17 km away, visitors will appreciate the central location amidst nature. This location not only provides natural beauty but also the potential for excellent rental income. For investors seeking pre-approved projects, this property stands out as a remarkable opportunity not to be missed. Explore the possibilities and contact us today!
• 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
