MAGNIFICENT LAND 49.7 HA - SILVES IN ALGARVE

This magnificent plot of 49.7 Ha is located near the medieval town of Silves in the Algarve in Portugal. The Algarve is considered the Portuguese Riviera and the new Eldorado. Its geographical location is exceptional, the land is on a hill with an unobstructed view of the Monchique mountain, the Arade river and the vineyards of the surrounding hills. It is a very quiet and sunny area. The PDM authorizes 3 types of construction on 14.9 ha of land: a hotel/apartment (96 beds), a reception/restaurant, villas (504 beds). On the remaining non-urbanized part and on the slopes facing the river, it is possible to plant: vines, citrus trees and other plantations to make the unused land profitable. On the river side, the land has the authorization to build a home port for boats sailing at high tide between Silves and Portimão. It is important to note that ecolodge programs are very popular with tourists in Portugal and that municipalities are very favorable to eco-responsible real estate projects. Silves, capital of orange, is a dynamic city with its various festviities. Its excellent central geographical location in the Algarve, its proximity to the beaches (12 km) and its good road accessibility (45 min from Faro by motorway) give it a strong attractiveness for living, visiting and invest.