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Plot for sale

Silves, Algarve, Portugal

£12,481,278 *  [€15,000,000]

Plot for sale

Silves, Algarve, Portugal

£12,481,278 *  [€15,000,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 893520 m2
  • Habitable space: 11900 m2

Full Description


This large plot of land is near the Dam of Funcho, in Silves, has various mountains, lakes, electricity, and fantastic country views. It has viability for construction of a touristic resort, hotel, or other nature tourism type of development. It has various lakes, electricity and great accesses from either the IC1 from Lisbon, Messines or Silves. The current Project is for a hotel with swimming pool, restaurante/bar with terrace, a group of bungalows of various sizes, and a leisure área along the water for sport activities and leisure, plantation and farming áreas for the consumption of the hotel guests. The hotel is in two blocks. One of them has the reception, backoffice, meeting and conference rooms, and 19 suites. The second block, the restaurant, kitchen, Bar, gym, SPA, change rooms, swimming pool, and leisure área with panoramic views. There is two types of bungalows, both in wooden structure. One group of one bedroom units, with kitchenette, bathroom and one bedroom, with corten steal exterior. The rest are one bedrooms, 1+ mezzaninne, and two bedroom units with a unique roof inclination and balconies. The entire complex has leisure áreas, trails, lakes, swimming pool and green áreas.
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This property listing (ref: EAV-1628) is an advertisement supplied by Exclusive Algarve Villas and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8321 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.