Land for sale in Silves, Portugal — €4,500,000

About this land

Original listing description, in Portuguese.

We present a magnificent 56-hectare estate, strategically situated between the sea and the mountains, in one of the most authentic and sought-after areas of the Algarve. This unique property stands out for its natural diversity, divided between an extensive flat area alongside the stream ideal for farming and a more rugged terrain, home to a mature pine forest over 40 years old, designed to make the most of land less suitable for agriculture.The estate boasts excellent water resources, including two reservoirs that provide support for irrigation projects, as well as a natural stream. It also features various support facilities, such We present a magnificent 56-hectare estate, strategically situated between the sea and the mountains, in one of the most authentic and sought-after areas of the Algarve. This unique property stands out for its natural diversity, divided between an extensive flat area alongside the stream ideal for farming and a more rugged terrain, home to a mature pine forest over 40 years old, designed to make the most of land less suitable for agriculture.The estate boasts excellent water resources, including two reservoirs that provide support for irrigation projects, as well as a natural stream. It also features various support facilities, such as warehouses, farmhouses scattered across the property, and two settlements: Monte Velho (the former caretaker’s house) and Monte Novo (a building supporting agricultural activities).From an investment perspective, this property offers enormous potential. It has an approved Preliminary Information Request (PIP), which allows for the construction of a hotel with a capacity of 120 beds (approximately 60 rooms), located in the northern part of the estate. There is also the possibility, subject to approval by Turismo de Portugal, to develop a further 180 beds in a ’glamping’ format, in perfect harmony with the natural surroundings of the reservoirs, as well as the planting of 10 hectares of vineyards.Once developed, the property will comprise around 15 hectares dedicated to agricultural production, approximately 5,800 m² of gross floor area for the hotel complex, with a footprint of around 3,000 m², complemented by over 11,500 m² of infrastructure areas.Located in the municipality of Silves, north of São Bartolomeu de Messines, this estate is situated in a region of great historical and cultural significance. It benefits from exceptional accessibility: just 700 metres from the IC1, 5 km from the A2, 17 km from the A22 (Via do Infante) and 18 km from the EN125 the Algarve’s main motorways. Faro International Airport is just 49 km away, whilst Tunes railway station, with a direct connection to Lisbon, is 13 km away.Just 23 km from the Algarve coast, the property offers easy access to some of the region’s most iconic beaches, between the Ria Formosa and the Costa Vicentina, renowned for their natural beauty and unrivalled scenic value.A rare investment opportunity, combining a prime location, tourism potential and natural beauty in a single asset. Energy Rating: F #ref:00/T/18159