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Algarve, Silves, Portugal

€1,050,000
Remax Expogroup, Portugal
PROPERTY TYPE

Villa

BEDROOMS

3

BATHROOMS

2

SIZE

86,757 sq ft

8,060 sq m

Key features

  • 3 bedrooms
  • House area: 8060 sqm
  • 2 bathrooms
  • Construction year: 1937

Description

Farm in Pera – Silves | Excellent Housing Investment and Development We present a unique opportunity in Vales, Pera, in the municipality of Silves, where tradition and modernity meet to offer an ideal setting for those who wish to live or invest. This property brings together a cozy 4-bedroom house and a vast rustic plot of land measuring 8,060 m², with the potential to be transformed into a modern housing condominium, thanks to the recent change in land legislation. Rustic Land – 8,060 m² with Transformative Potential Agricultural diversification: almond trees, fig trees, citrus trees, loquat trees and pear trees Excellent sun exposure and fertile soil Redevelopment potential: With the new legislation (Decree-Law no. 117/2024 and other official guidelines), this land can be converted to quality housing projects, allowing the creation of a modern and sustainable condominium.
T4 House – Comfort and Quality of Life Construction area: 183 m² (with 110 m² of gross private area) Intelligent distribution on a single floor, ideal for accessibility and well-being Cozy environment, ready to offer the comfort your family deserves Strategic Location Located in the quiet and charming area of Pera – Silves, just a few minutes from the paradisiacal beaches of the Algarve Easy access to the EN125 and A22, ensuring excellent mobility in the region Close to commerce, services, golf courses and tourist attractions, in a context of great regional dynamism Investment and Development Opportunity The recent change to the Legal Regime of Territorial Management Instruments opens doors
for the conversion of rustic land into housing areas. This property, with its unique combination of space, location and redevelopment potential, represents an excellent opportunity to develop affordable housing projects, rural tourism or even a high-end residential condominium, always in line with official guidelines for sustainable development. Whether for your own home or investment, this property could be the starting point for your next big project in the Algarve! Schedule your visit now and discover how to transform this opportunity into a successful venture.
REF: -94

Algarve, Silves, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    22.0 miles

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About Remax Expogroup, Portugal

Notes

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This is a property advertisement provided and maintained by Remax Expogroup, Portugal (reference 96202_122881156-94) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.