Property with Agricultural Production and PIP Approved for Construction of Rural Hotel, Algoz

Property with Active Agricultural Production and PIP Approved for Construction of Rural Hotel with 50 Units in Algoz, Algarve

Investment opportunity in the heart of the Algarve, on a 10.9-hectare property that combines potential for tourism development, agricultural exploration in full activity and possibilities for real estate appreciation.

Located in Ferrarias, Algoz, this property consists of a mixed building and contiguous rustic buildings, marketed together, offering different aspects of investment in a strategic location in the region.

The property has a habitable building, currently organized into eight distinct housing spaces and with the benefit of profitability, which can be rehabilitated and integrated into the future tourist development, containing:
2 x T0
2 x T1
3 x T2
1 x T3

Additionally, there are construction rights for a two-family house, independent of the hotel project, providing greater flexibility in the use and valuation of the property.

One of the main attractions of this property is the existence of a favorable opinion on a Request for Prior Information for the construction of a 3-star Rural Hotel, with 50 accommodation units.

The project includes a swimming pool, outdoor spaces and private parking, favoring the integration of the development into the surrounding rural landscape.

As part of the Municipal Master Plan of Silves, this project represents an opportunity to develop a hotel unit in a consolidated tourist destination, benefiting from the growing demand for accommodation experiences linked to nature and the tranquility of the Algarve interior.

Active and income-generating farm:
The agricultural component is another important added value of this investment.
The rustic plots are cultivated with citrus and avocado trees, in full production, with an installed irrigation system and its own water collection.
Currently leased and in operation, these areas provide agricultural income, allowing to combine the existing productive activity with the potential for future development of the property.

Situated in a quiet rural area, but with good accessibility, the property is close to Algoz, Guia, Albufeira and Silves.

The proximity to the EN125 and the A22 motorway facilitates connections to the main urban centers, services and tourist destinations in the region, as well as to the beaches of the Algarve coast.

An opportunity for investors and developers looking for an asset with potential for tourism development, agricultural income and different possibilities of appreciation in the medium and long term.

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