Algarve 18º
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(+351) 914 420 152

Ruin in Silves, São Marcos da Serra

Property Ref: AEP634

DETAILS

  • Energy Efficient Rating: Not Required
  • Status: For Sale
  • Condition: N/A
  • Price: € 95.000,00
  • Nr of Bedrooms: 0

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DESCRIPTION

An extensive plot of land just 2km from the typical Algarvian town of Sao Marcos da Serra and just 30 minutes drive from the coast. There is good access with electricity and spring water available. The current owners had planning approval for a 4 bedroom bungalow style house on the plot, this has now expired but can easily be reapplied for and if design changes are required then this can be done at the same time. The views are fantastic and the property lends itself to a rural tourism project, the likes of which are being encouraged. An equestrian centre was one idea as there are miles of perfect trecking countryside and plenty of flat grazing land. The property also has many valuable and protected cork oak trees which are a good source of income. A great investment opportunity.

SPECIFICATIONS

  • 11.05 HECTARES OF LAND WITH RUIN
  • ELECTRICITY
  • SPRING WATER
  • GOOD ACCESS
  • EXCELLENT VIEWS
  • VARIOUS TREES INCLUDING CORK FOR INCOME
  • PLANS FOR A 4 BEDROOM HOUSE - APPROVAL NOW LAPSED BUT CAN BE REAPPLIED FOR
  • RURAL TOURISM OPPORTUNITY
  • GREAT INVESTMENT POTENTIAL


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