Faro, Silves, Alcantarilha e Pêra, Portugal, Silves, Faro 8375-204

This plot of land is located in the prime area of Pra, overlooking Salgados and Praia Grande. The 67, 000 m2 plot extends from the centre of Pra and along the En125. The plot is a combination of Rustic Land (agricultural) and an urban area of 1480 m2, including a ruin and the potential for building 4, 000 m2. An approved tourist project for a small hotel with 32 rooms and 24 T2 villas was previously proposed for this plot. Due to its excellent location and the scarcity of rooms in the hotel sector, it is ideal for a Charming Hotel project. The plot is also well-suited for a Commercial or Retail area, such as a Supermarket with satellite stores, given the high demand in the area. With good and varied access points, including the En125, this plot offers multiple opportunities for investment and development.