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How can I invest in a property with a pre-approved tourism project in Silves?

Villa in Silves

ref. LG2289
1.200.000€
  • E
  • 3
  • 2
  • 142m2
  • 287.280m2
  • Farm

Investing in a property with a pre-approved tourism project is simpler than you might think, especially with this stunning farmhouse in Silves. Priced at 1,200,000 Euros, this expansive 28.7-hectare plot offers an incredible opportunity for growth in rural tourism, with an existing pre-approval to develop a hotel of up to 2,000m² to replace the current country house. The property is set amidst the picturesque landscape of Serra de Silves and boasts over 12,000 medronho trees, along with fruit and citrus trees, providing a rich agricultural backdrop. With three bedrooms and two bathrooms in the habitable farmhouse, the property is suitable for immediate use while planning for future developments. Its unique features include two natural lakes and a stream that supplies essential irrigation, ensuring sustainable farming. The estate's location is advantageous, being only 17km from the beach and close to local amenities, which enhances its attractiveness for potential tourists. Additionally, the property features ample parking, garden areas with auto irrigation, and the potential for a natural swimming lake, further increasing its appeal. For investors looking to tap into Portugal’s thriving tourism market, this property presents an ideal choice. Don't miss the chance to make this investment—contact us to learn more and set up a viewing!

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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