Silves, Faro, Address available on request

Details:- 
This magnificent plot of 49.7 Ha is close to the medieval town of Silves in the Algarve in Portugal. The Algarve is considered the Portuguese Cote d'Azur and the new Eldorado. Its geographical location is exceptional, the land is on a hill with an unobstructed view of the Monchique mountain, the Arade river and the vineyards of the surrounding hills. It is a very quiet and sunny area. The PDM authorises 3 types of construction on 14.9 ha of the land: a hotel/apartment (96 beds), a reception/restaurant, villas (504 beds). On the remaining non-urbanized part and on the slopes facing the river, it is possible to plant: vines, citrus trees and other plantations to make the unexploited land profitable. On the river side, the land has permission to build a home port for boats sailing at high tide between Silves and Portimão. It is important to note that ecolodge programs are very popular with tourists in Portugal and that municipalities are very supportive of eco-friendly real estate projects. Silves, the capital of oranges, is a dynamic city with its various festivities. Its excellent central geographical location in the Algarve, its proximity to the beaches (12 km) and its good road accessibility (45 minutes from Faro by motorway) make it very attractive to live, visit and invest.

Agency fees to be paid by the seller.  Information on the risks to which this property is exposed is available on the Geohazards website: georisques.gouv.fr