FARMHOUSE TO FINISH PLUS LARGE AGRICULTURAL BUILDING CLOSE TO THE CITY OF SILVES
GREAT TOURISM POTENTIAL Truly, this is an outstanding opportunity to create a beautiful character home, which is understood could be greatly extended as the articles show that there is 253m² of urban building allotted here. In addition, under current property law, it may be possible to have up to 2,000m² of touristic accommodation in the form of removable buildings provided they are close to the existing buildings. Definitely no buildings will be allowed to be scattered around the land. Renovation works have been started here and will need to be completed before a new habitation licence will be granted.
The property is approached over a small stream that flows for part of the year and connects into the River Arade. There is also a plentiful supply of water as there are two lakes with year round water and there is a Well that supplies the Farmhouse.
The Accommodation has had all the internal walls re-rendered, the roof has been overhauled, the ceilings inside have been stripped ready for restructuring, and is arranged as follows: Entrance Hall, Lounge, Kitchen, Two Double Bedrooms and a Bathroom. Modernisation and improvement works to the Farmhouse have been started and there is the possibility that the Agricultural Ruin could be recovered also and possibly added to the farmhouse in any future development program. Adding that building may increase the area for building significantly – possibly up to 500m².
To the front of the farmhouse there is around 3 Ha. of good flat land ideal for Equestrian or Horticultural use. We understand the land here to be good and fertile, there may be EU grants/subsidies available. The remaining land is hilly with amazing views as far as Lagos, Alvor and Portimao. There is an electrical supply that requires reconnection.
Don’t miss this very rare opportunity