Investing in this rural estate near Silves could be transformative, especially with a price of €1,200,000 for 28.7ha of pristine land featuring lakes and productive orchards. Such a unique property not only offers lush natural beauty but also comes with the opportunity to develop a hotel with pre-approved plans, tapping into the lucrative rural tourism market. Positioned only 17km from the beach, you'll enjoy the beauty of rural living without sacrificing easy access to seaside leisure. The existing fruit farm boasts extensive grounds with 12,000 medronho trees and includes sustainable water sources via boreholes. This setup not only supports agricultural ventures but also enhances the experience for visitors, making your investment even more lucrative. Whether you envision a luxurious retreat or traditional accommodation, the options here are numerous. The tranquil setting enhances lifestyle value and promises a strong rental potential, especially in the popular Algarve region. For those seeking a blend of nature, business opportunity, and serene living, this estate presents an ideal choice. Don’t wait—explore this rare investment opportunity 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
