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Algarve, São Marcos da Serra, Portugal

€850,000
Divine Home, Portugal
PROPERTY TYPE

Land

SIZE

1,904,134 sq ft

176,900 sq m

Key features

  • Expansive Land with approved project
  • To build 24 Touristic Homes
  • To establish a campsite of 45 spots
  • To built a pool & restaurant
  • Beautifully located in Silves region

Description

Exceptional Development Opportunity in Silves with PIP communication from the townhall to built a Tourism Project of 24 Homes + Campsite of 45 spots + Restaurant and Pool

Located in the serene countryside of São Marcos da Serra, within the municipality of Silves, Algarve, this expansive 17.69-hectare plot presents a unique investment opportunity for tourism development in one of Portugal's most picturesque regions.

Development Potential - Confirmed by the local townhall that it is possible to built the project
This property comes with a *PIP*, which is the pre-communication from the townhall confirming what the construction possibities are on this plot. This is a strong foundation to submit a more detailed plan and request the approval to built a profitable tourism venture:

Development potential - According to the current *PIP* the following can be built:
- Touristic Village: approved for the construction of 24 houses, each featuring 2 bedrooms. The design leverages the natural topography, providing open views over the surrounding countryside.
- Communal pool
- 1x Main Residence of a total gross construction area of 375 m², which can serve as the owner's residence and/or reception area.
- Caravan park, featuring 45 designated plots. Each measuring 60 m², suitable for caravans or campervans. Including essential facilities: two service areas, reception, and sanitary installations, ensuring comfort for guests.

The diversity of projects offers the flexibility to develop a mixed-use tourism complex, combining holiday homes and a campsite, catering to a diverse clientele. With the *PIP* in hand, the next step is to deliver the full project to the townhall an get a full approved project to then request the building license and start building.

Infrastructure and Utilities
The property is equipped with a borehole, ensuring a reliable water source. Mains electricity is available nearby, with the possibility for the new owner to establish a connection.
The plot is accessible via asphalt roads up to the entrance, with good connectivity to the IC1.

Location and Surroundings
The quaint village of São Marcos da Serra is just a 5-minute drive away, offering basic services. Larger supermarkets and additional facilities are accessible within 15 minutes, while the Algarve's stunning coastline is a mere 30-minute drive.
The property's elevated position provides panoramic views of the Algarve's rolling hills, offering a tranquil environment ideal for a tourism retreat.

Investment Highlights
- Strategic Location: Situated in a region renowned for its natural beauty and outdoor activities, appealing to tourists seeking relaxation and adventure.
- PIP: With a PIP in hand, the first steps towards development have been made, reducing time to start construction.
- The combination of holiday homes and a campsite allows for diversified revenue streams and the ability to cater to various market segments.

Interested? Contact us today and schedule a private viewing.

REF: ST2375

Algarve, São Marcos da Serra, Portugal

Approximate location

NEAREST AIRPORTS

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

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Divine Home, Portugal

Do you like a property and are you considering purchasing it in Portugal?

With the 7 steps below you can complete a succesful purchase in Portugal:

1. Location - decide the area that you want to be in

2. Properties - make a selection of properties or choose an agency in Portugal that helps you find the right properties. This agent can also accommodate you on all viewings. Always choose an agent with an official AMI-license number in Portugal. We are happy to explain more about the buying service.

3. Viewings - once you have booked your flights, pre-book the viewings for the properties you wish to see. If you choose a buyer agent to work for you, the agent can schedule all visits for you.

4. Offer - when you have found the right property, you put in an offer to come to agreement with the seller

5. Choose the right lawyer - when purchasing in Portugal it is important to have a good, trustable, communicative lawyer. The lawyer is your legal advisor on the purchase.

6. Sign a promissory contract; onceit is important that this contract contains all the necessary conditions for you. When signing this contract the purchase is legally binding under the conditions of the contract. In the contract the date for the title deed at the notary is mentioned; this is the moment where you will receive the keys and become the owner of the property.

7. Title deed - before going to the notary to sign for the title deed, it is advisable to check the house on the day of the title deed and write down the meter readings to have all utility contracts being transmitted from the vendor to yourself. This avoids being disconnected which can take 2-3 weeks to get connected again to water or electricity.

Do you want help in finding the right property for you? We are happy to explain to you how we can help. Navigating a foreign market is easier with a local expert on your side.

Contact us via the phone number(s) or email address shown on the page and we will help you find your dream home purchase successfully!

Divine Home – with 4 offices spread in the Algarve and the Alentejo

AMI-license: 11606

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Divine Home, Portugal (reference 61491_ST2375) 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.

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