Quelfes, Faro 8700

Discover the unmatched potential of this property, located in the serene area of Olho, featuring a recently approved project for the construction of a 9-bedroom detached villa with a pool. Set on a vast 18, 000 m agricultural plot, this property is distinguished by its peaceful surroundings, low neighbour density, and charming traditional features.Key Features:Approved Project: The property includes a building license for 1, 500 m, featuring nine en-suite bedrooms, rooftop terraces, and a basement garage.Existing Structures: Includes an old farmhouse in ruins, which can be renovated or expanded, maintaining the traditional Algarve architecture.Extensive Agricultural Land: The land is home to a variety of mature fruit trees, such as fig, olive, carob, citrus, and almond trees, along with orchards and wooded areas.Traditional Features: The property includes a well, a waterwheel, and a cistern that can be converted into a pool, preserving its rustic charm.Location and Access:Situated at the highest point of the plot, the property offers stunning views of the Algarve's rural landscape.Accessible via a shared path just 50 meters from a tarmac road, with an additional private access path at the opposite end of the property.The gently sloping land and terraced layout provide a unique and versatile setting for a variety of uses.Perfect for:Family Residence: Ideal for those seeking a private rural retreat with ample space and tranquility.Agro-Tourism or Holiday Rentals: With the approved project and agricultural features, this property is perfect for a sustainable tourism project in the Algarve.Agricultural Use: The fertile land is ideal for farming or maintaining the existing fruit-bearing trees.This property is a true hidden gem, blending history, natural beauty, and development potential. Contact the Engel & Vlkers Faro-Tavira team today for more information or to schedule a private viewing. Energy Rating: F ref:W-02XWQI