The investment potential of this remarkable farm estate near Silves is truly exceptional, listed at €1,200,000 for a sprawling 28.7-hectare property. With a current setup as a working fruit farm, the estate can profit from its diverse agricultural activities while also offering a pre-approved project for a rural tourism development. The existing 3-bedroom house could be transformed into a stunning rural hotel with a construction area of up to 2,000 m², tapping into the lucrative Algarve tourism market. This property features lush medronho and citrus trees lining the picturesque landscape, alongside two natural lakes and a river that support the irrigation of crops. The estate's proximity to beaches, only 17 km away, enhances its appeal for seasonal tourists and short-term rentals, showcasing excellent ROI potential. With its stunning countryside views and tranquil setting, this estate caters to both lifestyle buyers and savvy investors looking to diversify their portfolios in the fertile Algarve region. Considering the ongoing demand for unique accommodation experiences, now is the time to invest in this promising opportunity. Don’t hesitate! Contact us today to discover how you can capitalise on this unique investment!
• 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
