One of the best investment opportunities in Silves, Algarve, is the hillside farmhouse with panoramic views, currently priced at €1,200,000. This property stands out with its expansive 28.7ha land with pre-approved plans for rural tourism development, making it an excellent choice for savvy investors looking to make a mark in this booming market.
The farmhouse itself is a pre-1951 country house featuring three bedrooms and two bathrooms, situated in a prime location that boasts stunning views of the surrounding countryside. The land is rich with various fruit trees, including approximately 12,000 medronho trees, which could generate additional income through agricultural production or niche tourism.
Located just outside the historic town of Silves, this estate provides an ideal setting for those interested in both residential living and running a tourism-focused business. With easy access to local amenities, schools, and recreational facilities, it caters well to both local and international visitors. Its proximity to beautiful beaches—only 17 km away—further enhances its appeal.
This investment is not only about the property but also the potential for development, with the approved plans allowing for constructions up to 2,000m². Investors can expect attractive returns, especially given the growing demand for rural tourism in the area.
Take the next step in seizing this opportunity! Contact us for more information or to arrange a viewing of this remarkable property.
• 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
