Private Introduction · Portugal

Land in Silves (93912)

Plot in Silves — €495,000.

Price
From EUR 495K

Introduction

Rustic land with 42,856.30 m² located in Silves, including a ruin with a footprint area of 92.00 m². The ruin has legal rights for reconstruction and extension up to 300.00 m² of construction area.The land maintains rural characteristics and allows agricultural activities on the remaining 42,856.30 m² after the permitted construction. The property benefits from good sun exposure and varied topography.Reconstruction of the ruin allows for the construction of a single-family home with one floor, making use of the acquired rights.Located in a rural area with guaranteed tranquility and privacy.Situated 5 minutes driving distance from Silves historic center and Silves Castle, 10 minutes driving distance from Armação de Pêra and its beaches, 15 minutes driving distance from Portimão, Praia da Rocha, and Algarve Shopping. Within walking distance to local shops and essential services, and 20 minutes driving distance from the Nobel International School Algarve, the International School of the Algarve, and golf courses such as Pestana Vila Sol and Dom Pedro Golf. Easy access to the A22 (Via do Infante). 25 minutes driving distance from Lagos and its beaches, 35 minutes from Faro, and 45 minutes from Faro International Airport.

Why This Opportunity

  • Prime Faro location

    Located in Silves, Faro, Portugal — a sought-after part of the market.

  • Priced at €495,000

    On the market at €495,000.

  • Studio homes

    Layout up to 42900 m².

  • ~5% estimated gross yield

    Estimated 6% annual capital growth for Faro (market-level estimate).

The Area

Where it is

Getting around

  • Faro Airport (FAO)

    International gateway for the whole Algarve via the A22. [~60 km / 45 min]

  • A22 Via do Infante

    Algarve motorway giving fast east-west connections. [~10 km / 10 min]

  • Silves Railway Station

    Stop on the Linha do Algarve regional line. [~2 km from centre]

Nearby

  • Castelo de Silves

    The largest Moorish castle in the Algarve, with red sandstone ramparts. [In town]

  • Sé de Silves (Cathedral)

    Gothic cathedral beside the castle in the medieval old town. [In town]

  • Arade River & Riverside

    Historic quays with boat trips down to Portimão. [In town]

  • Amendoeira Golf Resort

    Two championship courses designed by Faldo and O'Connor Jnr. [~12 km / 15 min]

Schools

  • Nobel Algarve British International School (Lagoa)

    Flagship campus, English National and Portuguese curriculum, ages 3-18, Lagoa. [~15 km / 20 min]

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.