Land for sale in Silves, Portugal — €12,000,000

Land overview

Land classification in this area is urban. Review the details to better understand this land classification and confirm the relevant considerations before making a decision or planning your next steps.

About this land

Original listing description, in Portuguese.

Investment Opportunity – Atalaia Lake, Silves (Algarve)Located just 2 km from the historic city of Silves and 10 km from the most emblematic beaches in the Algarve, Lago da Atalaia is a tourist land of excellence, with 50 hectares of extension in the heart of the Algarve mountains. The site offers panoramic views of the Serra de Monchique, the Arade River and the surrounding vineyards, creating an exclusive and privileged environment for tourist development.Location and Access:This region is recognized as one of the most attractive tourist destinations in the Algarve, benefiting from proximity to marinas, racetrack and Investment Opportunity – Atalaia Lake, Silves (Algarve)Located just 2 km from the historic city of Silves and 10 km from the most emblematic beaches in the Algarve, Lago da Atalaia is a tourist land of excellence, with 50 hectares of extension in the heart of the Algarve mountains. The site offers panoramic views of the Serra de Monchique, the Arade River and the surrounding vineyards, creating an exclusive and privileged environment for tourist development.Location and Access:This region is recognized as one of the most attractive tourist destinations in the Algarve, benefiting from proximity to marinas, racetrack and prestigious golf courses. The easy connection to Silves, the train station and the A2 and A22 motorways, as well as Faro airport, ensures exceptional accessibility, increasing the strategic value of the investment.Development Potential:The Atalaia Lake is located in an area of tourist suitability according to the PDM of Silves, allowing the construction of up to 600 beds in different typologies, including hotel-apartments and tourist villages. With 15 hectares of urbanizable land and about 350,000 m² of free space, the land offers multiple opportunities for investors and tour operators to implement diversified and high-end projects.Planned Infrastructures:The project includes a robust infrastructure, with green areas, pedestrian paths and recreation areas, ensuring the maximum use of space and the enhancement of the development. The areas intended for tourist occupation are strategically distributed to allow varied and quality experiences for visitors.Areas and Capabilities:Hotel-Apartment: Up to 96 beds, with leisure areas and services.Catering: Spaces dedicated to gastronomic services.Tourist Village: 40 grouped houses and 22 detached houses, ideal for families or groups.Conclusion:Atalaia Lake represents a unique opportunity in the Algarve tourist market, combining a privileged location, planned infrastructures and high potential returns. This is an ideal project for investors looking to develop a solid, differentiated development with great future appreciation.