Silves, Faro District, Portugal
Price Upon Request
Active

Silves, Faro District

  • Original Currency: EUR

Property Description

Tourist subdivision in Silves

Investment Opportunity – Atalaia Lake, Silves (Algarve)
Land with 50 hectares and stunning views over the Serra de Monchique and the Arade river, just 2 km from Silves and 10 km from the beaches. Inserted in an area of tourist suitability, it allows the construction of up to 600 beds (hotel-apartments and tourist village). Excellent accessibility, strategic planning and great potential for enhancement in the Algarve tourist market.

Investment Opportunity – Atalaia Lake, Silves (Algarve)

Located just 2 km from the historic city of Silves and 10 km from the most emblematic beaches in the Algarve, Lago da Atalaia is a tourist land of excellence, with 50 hectares of extension in the heart of the Algarve mountains. The site offers panoramic views of the Serra de Monchique, the Arade River and the surrounding vineyards, creating an exclusive and privileged environment for tourist development.

Location and Access:
This region is recognized as one of the most attractive tourist destinations in the Algarve, benefiting from proximity to marinas, racetrack and prestigious golf courses. The easy connection to Silves, the train station and the A2 and A22 motorways, as well as Faro airport, ensures exceptional accessibility, increasing the strategic value of the investment.

Development Potential:
The Atalaia Lake is located in an area of tourist suitability according to the PDM of Silves, allowing the construction of up to 600 beds in different typologies, including hotel-apartments and tourist villages. With 15 hectares of urbanizable land and about 350,000 m² of free space, the land offers multiple opportunities for investors and tour operators to implement diversified and high-end projects.

Planned Infrastructures:
The project includes a robust infrastructure, with green areas, pedestrian paths and recreation areas, ensuring the maximum use of space and the enhancement of the development. The areas intended for tourist occupation are strategically distributed to allow varied and quality experiences for visitors.

Areas and Capabilities:

Hotel-Apartment: Up to 96 beds, with leisure areas and services.

Catering: Spaces dedicated to gastronomic services.

Tourist Village: 40 grouped houses and 22 detached houses, ideal for families or groups.

Conclusion:
Atalaia Lake represents a unique opportunity in the Algarve tourist market, combining a privileged location, planned infrastructures and high potential returns. This is an ideal project for investors looking to develop a solid, differentiated development with great future appreciation.
#ref:CB01-0718

Location

The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

Request Information

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking CONTACT, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.