FARMHOUSE TO FINISH PLUS LARGE AGRICULTURAL BUILDING

Silves

0

SOLD

Id Icon

1020114

ID NUMBER

Central Icon

Central Algarve

Epc Na

ENERGY

RATING

Plot Icon

253

m2

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36.5/90.2

Ha/Acres

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2

BEDROOMS

SOLD

SOLD

SOLD – MORE PROPERTIES REQUIRED

GREAT TOURIST POTENTIAL FOR CABINS, YURTS ETC.  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.  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 (both still with a good quantity of water at the end of a dry Summer) and there is a Well that supplies the Farmhouse.  The Accommodation has had all the internal walls re-rendered, the roof has been overhauled and 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 and possibly added to the farmhouse in any future development program, and this may increase the area 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 to be very fertile and are lead to believe there are grants/subsidies available from the EU. The remaining land is hilly with amazing views as far as Lagos, Alvor and Portimao. There is an electrical supply that requires reconnection.

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PROPERTY ID NUMBER

1020114

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