This unique 174-hectare property in Central Algarve is situated on the eastern shore of the Barragem do Arade.
The property currently exists of a farmstead, forestry with cork, eucalyptus and carob trees and orchards, pasture fields and apiculture.
Due to its unique character this property has lots of potential including the construction of a rural hotel associated to agricultural tourism. Direct and private access to the eastern shores of the reservoir offer a wide range of water sports, such as windsurfing, sailing, paddling, swimming or canoeing. The area is also good for hiking, fishing, riding and a whole range of other activities. Alternatively, viticulture with red and white wines is a good option due to the good soil and 25º slopes.
This property is centrally located in the heart of the Algarve near the Barragem do Arade and benefits from spectaculair nature views. A wide variety of restaurants, shops and supermarkets can be found in Silves, which is only 18 km away by car. Good connection to the A22 with the intersection at Lagoa in 18 km. The nearest beach at Carvoeiro can be reached within approx. 27 km.
A unique property with high potential! Contact us for more information.
* Please note: Images of the hotel shown are illustrative
Price € 2,400,000
Price / sq metre: €/m² 1.38
Number of mandate: W-02GDGQ
Agency: Engel & Völkers Albufeira