€790,000 /Sale price

11 Hectare Vineyard Plot with House & Hotel Project for Sale in Loule, AlgarveLocated in the serene countryside of Fazendas da Serra near Loule, this expansive 112,620m2 plot offers a rare opportunity to develop a large-scale rural tourism project or simply enjoy a private estate with an agricultural edge. The land includes an existing house, fruit trees, 7 established vineyards, and a previously approved (now lapsed) hotel development project.Key Features:*Total land area of 112,620m2*60m2 single-storey house on urban land*7 vineyards and several fruit trees*Previously approved hotel project: 3,069m2 over 2 floors*The planned hotel included 26 rooms and 46 parking spaces*Tranquil setting with country and valley viewsThe property's potential extends beyond agricultural use, with a solid foundation for tourism or hospitality investment. The original project envisioned a boutique-style countryside hotel, offering nature-rich experiences just minutes from the heart of the Algarve.Location Highlights:Fazendas da Serra is part of the Loule municipality, renowned for its scenic landscapes, historic charm, and traditional markets. Just 20 minutes from the coast and 18 minutes from Faro Airport, the location balances rural peace with excellent access to the Algarve's top destinations.Why This Property Stands Out:*Vast mixed-use plot ideal for tourism, farming, or private use*Vineyards in place - excellent potential for wine production*Rare pre-approved hotel development opportunity (subject to re-application)*The existing house allows for immediate habitation or rental while developing the landWhether you're seeking a rural retreat, a wine-producing estate, or a hotel development in the Algarve's countryside, this property offers scale, flexibility, and natural charm in equal measure.Looking for more Algarve properties in Loule?View all properties for sale in Loule, Algarve