Private Introduction · Portugal
Plot in Silves — €790,000.
Plot of land, 2,540 sqm, with project in the final stage of approval, for the construction of a gated community comprising two groups of villas in a total of eight 2 and 3-bedroom villas, in Alcantarilha, Algarve. The land, in the centre of Alcantarilha, currently has a 5-bedroom villa, a warehouse, a cistern, several annexes and an approved project for the construction of seven 3-bedroom villas and a 2-bedroom villa in a gated community with swimming pool and private garages. Located in a residential area surrounded by villas and gated communities.Alcantarilha is a parish in the Silves municipality, in the Barrocal Algarvio, located on a small hill. The village stands out for its houses featuring a coloured bar around the windows and the doors, topped by the typical lacy chimney of the Algarve, a heritage of a past of strong Muslim occupation, and also for the famous 16th-century doors featuring popular architecture, similar to those in the historic centre of Lagos.Located in the heart of Alcantarilha and with easy access to all surrounding services, such as supermarket, restaurants, veterinarian, among others, next to EN 125 and 2-minute driving distance from the motorway, 5 minutes from Armação de Pêra beach or Zoomarine, 10 minutes from Nobel Algarve British International School, 30 minutes from Faro Airport, and 2 hours and 20 minutes from Lisbon Airport.
Why This Opportunity
Located in Silves, Faro, Portugal — a sought-after part of the market.
On the market at €790,000.
Layout up to 2540 m².
Estimated 6% annual capital growth for Faro (market-level estimate).
The Area
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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