Investing in this large estate near Silves, featuring medronho trees and serene lakes, presents a lucrative opportunity for the discerning buyer. The property spans 28.7ha and has a pre-approved project for rural tourism, allowing for significant future development potential. This estate not only provides a stunning natural setting with 360° panoramic views but also includes a working fruit farm with 12,000 medronho trees, which are integral to the local ecology and economy. The current 3-bedroom house can be renovated or replaced, giving you the flexibility to tailor it to your vision. With easy access to Silves, known for its historical significance and charm, as well as proximity to the beach just 17km away, this location is prime for attracting tourists. The estate comes equipped with essential facilities such as well water, boreholes, and a robust irrigation system, ensuring sustainability and low maintenance costs. Given the rising popularity of rural tourism in the Algarve, this property promises excellent ROI potential while enabling you to enjoy the tranquil countryside lifestyle. Use this beautiful estate as a family retreat or as a profitable business venture. Discover this unique opportunity today—reach out to arrange a property tour!
• 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
