Land for sale

Silves, Algarve, Portugal

£8,983,919

 [€10,000,000]

Property Details

  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 97149 m2
  • Habitable space: 33000 m2

Full Description

Funcho Village is a very old village dating back several centuries. It was desoccupied in 1974 when the valley was dammed for water storage.
Excellent location on a peaceful area just 15 minutes drive from Silves.
The lake now surrounding the Village due to flooding of the valley and the rolling hills still produce some of best usnpoilt flora and fauna in the Algarve.
Just a short while ago, the portugueses Government approved the revitalization of Funcho Village, giving permission for a Hotel, Log cabins and a full range of support project Restaurants, Water Sports facilities, Dry Ski Slope, Observatory, all subject to Project Approval.
97.149 sq.m. plot with yo to 33.000 sq.m. of construction area.
Excellent investment!!!
Great business opportunity!!! - REF: T133508
This property listing (ref: T133508) is an advertisement supplied by AlgarveProperty.com and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

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