€750,000

A rare development opportunity in the desirable hills of Santa Bárbara de Nexe, one of the central Algarves most sought-after inland parishes. This 6,240 m² property sits in the quiet countryside of Guilhim, above Faro and within a short drive of the international airport, the beaches of the Ria Formosa and the golf and marina of the Golden Triangle. Held under a single land-registry title, the estate combines a mature orchard of carob, almond, olive, fig and holm oak with three characterful stone structures, including a traditional wood-oven house (casa do forno). A Prévia Information Request (PIP) has been submitted to Faro Municipality for the extension and alteration of the existing building into a Rural Tourism Development (Empreendimento Turístico em Espaço Rural / ETER) with a swimming pool. The single-storey concept by Atelier Teresa Correia proposes six en-suite suites, reception, living and dining rooms, a kitchen, covered terraces and a pool, with a proposed footprint of around 443.5 m². The buyer acquires land, ruins and a defined architectural project as one asset an outstanding platform for a boutique guesthouse, private estate or income-generating retreat. PIP decision pending. Plot of approximately 6,240 m² under a single land-registry title (misto). Elevated countryside setting in Guilhim, Santa Bárbara de Nexe, Faro. PIP submitted to Faro Municipality for an ETER with swimming pool. Proposed single-storey development of six en-suite bedrooms. Proposed building footprint of approximately 443.5 m². Three existing stone structures, including a traditional casa do forno. Mature orchard of around 5,834 m² carob, almond, olive, fig, holm oak. Approximately 10 minutes from Faro and its international airport. Close to Golden Triangle golf, beaches and the Ria Formosa. Architectural project by Atelier Teresa Correia (decision pending).