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How much does an estate with a pre-approved rural tourism project cost?

Villa in Silves

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

The estate for sale, near Silves, is uniquely priced at €1,200,000. It features a pre-approved project for rural tourism, allowing for the construction of a hotel up to 2000m², providing an exceptional investment opportunity. With 28.7ha of countryside, currently a working fruit farm, this property not only grants potential for hospitality but also showcases the natural beauty of the region. Buyers will find a 3-bedroom country house ideal for refurbishment, making it a quaint retreat to start while developing the larger project. This property boasts two natural lakes ensuring sufficient water supply for agricultural use, alongside its existing boreholes and well. Surrounded by 12,000 medronho trees, you have a unique source of income if you decide to produce local delicacies. Located close to Silves with easy access to beaches and a nearby school, this estate simply stands out as an excellent purchase for investors. Its location alongside the Serra de Silves Natural Park further elevates its appeal. Explore the full potential that awaits in this stunning area. Don’t hesitate, contact us today to learn more!

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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