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Why consider buying a working fruit farm with pre-approved tourism project?

Villa in Silves

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

Consider buying this working fruit farm with a pre-approved tourism project for a variety of compelling reasons. Priced at €1,200,000, this expansive 28.7ha property not only provides agricultural productivity through its cultivation of medronho trees but also offers significant investment potential for buyers interested in rural tourism. The hillside location near Silves allows for breathtaking panoramic views that can attract numerous guests seeking a countryside getaway. Currently, the estate includes a 3-bedroom farmhouse and several natural lakes that enhance the charm of the landscape, making it ideal for visitors wanting to experience farm life amidst nature. Furthermore, the pre-approved project enables the construction of a hotel, increasing the earning potential substantially. With essential amenities such as irrigation systems and water supply already in place, you can easily manage the agricultural aspects while growing your tourism business. This unique property combines farming and hospitality, making it a lucrative investment for the next owner. Reach out today to learn more and arrange a property 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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