Invest in a unique opportunity with this rural property near Silves, which comes with a pre-approved application for a tourism project. The expansive estate spans 28.7 hectares and is priced at €1,200,000. With the existing three-bedroom, two-bathroom farmhouse, buyers can potentially replace it with a hotel development of up to 2000m², enhancing its investment appeal.
This property is ideal for buyers seeking a tranquil lifestyle coupled with income potential from tourism. The plot includes 12,000 medronho trees and two lakes that supply water for organic farming, further increasing its unique value proposition. Located just 2.8km from local schools and a short drive from Silves' medieval charm and culture, this site is perfect for rural tourism ventures.
The stunning panoramic views from the top of the estate create a picturesque backdrop for any hospitality business. Just 17km away from some of the Algarve's finest beaches, this location is not only serene but also strategically positioned for vacation rentals. Imagine the return on investment from transforming this generational farm into a thriving business tailored for eco-tourism!
Make the most of this exceptional opportunity—contact us today to discuss your options or to schedule 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
