Investing in this pre-approved hotel project near Silves offers tremendous potential in the thriving Algarve tourism market. With the approved project allowing for a hotel build of up to 2000m², this property presents a unique opportunity for lucrative returns on investment. Situated on 28.7 hectares of fertile land with existing sources of water, including lakes and boreholes, the site not only supports agricultural activities but also appeals to tourists looking for rustic charm. The current structure provides a base, while the existing fruit farm can serve as an additional attraction for guests. Its elevated position grants stunning 360-degree countryside views, perfect for a serene getaway destination. With Silves being a well-known medieval town in the Algarve, the location's cultural significance enhances its desirability. Connect with potential visitors looking for authentic experiences in Portugal. Don't miss out on investing in this remarkable opportunity – get in touch now for more details!
• 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
