Land for sale
Silves, Algarve, Portugal
£1,027,046 *
[€1,200,000]
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
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