Approved Project for Tourist Development with Scenic Views

EUR €850,000 (USD $989,995) *current conversion
Silves, Portugal

Property Highlights

  • Over 17 hectares of land
  • Approved project for 20 houses
  • Communal swimming pool included
  • Approved main house construction
  • Potential campsite with 45 plots
  • Close to village and facilities

Overview

Land of over 17 hectares, located in São Marcos da Serra, in the municipality of Silves, in the Algarve. There is an approved project for a tourist development of 20 houses consisting of double bedrooms and a communal swimming pool, along the top of a natural hill, taking advantage of the natural topography to offer open views over the countryside. In addition, there is also another project approved for the construction of a main house with a total gross construction area of 375 m², where the communal swimming pool is located, which could be used as a primary dwelling and reception area. To maximize the number of stays, there is also the possibility of associating a camping project for caravans, where there is approval for 45 plots of 60 m² each and all the necessary facilities for a camping site. This property will be an option to consider for a profitable investment, in an area full of history, and ideal for lovers of outdoor activities, for those looking for a secluded place to relax and be in touch with nature. This plot is located 5 minutes from the small village of São Marcos da Serra, with asphalt right up to the entrance of the plot and a good connection to the IC1. Basic services are available 5 minutes away, large supermarkets and all other facilities are 15 minutes away and coastal facilities are 30 minutes away. CHARACTERISTICS: Plot Area: 176 900 m2 | 1 904 136 sq ft Area: 176 900 m2 | 1 904 136 sq ft Energy efficiency: NA FEATURES: Land 17 hectares Approved projects Construction feasibility
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Property Features

Silves, Portugal offers the following features:

Living Area: 1589sf
Property Type: Residential
Status: Active
Reference ID: 2LS00170

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