Quelfes, Faro 8700

Looking for a one-of-a-kind investment in the charming Olho? This Quinta presents an exceptional opportunity for renovation and development, with enormous potential for both residential and tourism projects.Property Overview: This property is composed of 3 distinct plots - two urban and one rustic - offering a variety of possibilities for transformation. Its proximity to both nature and the town centre makes it an ideal location for those looking to create a charming estate with endless potential.Details:Urban Plot 1:A single-story house with five rooms and an agricultural outbuilding. This home offers several renovation options, making it a versatile choice for development.Urban Plot 2:A ruin of a single-story house with four rooms, providing a solid foundation for reconstruction and transformation into a unique living space.Rustic Plot:Spanning a vast 3.716 hectares, this land is rich with various trees, includes multiple agricultural warehouses, an irrigation tank, and a traditional well. The extensive land and agricultural resources make it perfect for diverse project development.Development Potential: With ample space and versatility, this property is ideal for creating innovative tourism projects such as rural tourism or glamping, pending approval from the Olho City Council. The combination of urban and rustic land offers a unique canvas for visionary investors looking to capitalize on the growing tourism market in the Algarve region.Why Invest?-Prime location in Olho, a sought-after area for both tourists and residents.-Large plot size and diverse uses provide numerous development opportunities.-Perfect for investors aiming to create a significant impact in the expanding Algarve tourism industry.Don't miss this exceptional opportunity to invest in a high-potential project in one of the Algarve's most promising regions. For more information or to schedule a visit, contact the Engel & Vlkers Faro-Tavira team. Let us help you bring your next real estate investment to life. Energy Rating: Exempt ref:W-02X835