The cost of a prime estate suitable for Rural Tourism in the Algarve is £1,200,000. This impressive property in Silves spans 28.7ha and comes with a pre-approved project to replace the existing three-bedroom farmhouse with a hotel structure of up to 2000m², significantly enhancing its investment potential. Currently operating as a fruit farm with 12,000 medronho trees, the estate offers dual opportunities for agriculture and rural tourism, catering to the growing demand for holiday rentals. Positioned on a hillside, you can enjoy uninterrupted views of the surrounding landscape, making it an appealing destination for tourists seeking tranquility. The property also includes two natural lakes for irrigation, a stone's throw from the medieval town of Silves, which adds charm and history to the locale. Having convenient access to essential amenities and just 17 kilometres from the beach, this estate is perfectly poised to attract visitors year-round. The necessary water supply and irrigation systems are already in place, providing exceptional utility for future developments. This unique opportunity is not just a purchase; it’s an investment in a profitable future. Explore this property further and seize a chance to secure a lucrative investment 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
