farm for sale Tavira, Tavira

Set in the charming village of Cabanas de Tavira, Quinta Nora Branca presents an exceptional investment opportunity with an approved Property Improvement Plan (PIP) to develop a boutique hotel with capacity for up to 60 guests. Or, to renovate the existing property into an exclusive single residence with large land and sought after privacy, located within walking distance to town and to the lively waterfront boardwalk with countless restaurants, bars, and boutiques. This 10.250 sqm estate combines Algarves rural heritage with modern expansion potential, offering a unique base for a unique boutique hospitality project in a prime coastal location, adjacent to one of Portugals most beautiful Natural Reserves - Ria Formosa. The property features two adjacent existing houses with a total built area of 285.5 sqm, including a traditional single-story farmhouse, approximately 100 years old, and a two-story villa, built 20 years ago. Together, they offer 9 bedrooms, high ceilings, thick original walls, and two fireplaces. The estate is already equipped with a private water well, mature and well-kept orange orchard and garden, a swimming pool, and a tennis court. All to enhance guest experiences and supporting sustainable operations. The approved PIP accelerates the development timeline for transforming the estate into a boutique hotel, reducing the barriers to market entry. Located just 800 meters from Cabanas de Taviras lively waterfront and with easy access to the renowned Ilha de Tavira beach with uninterrupted sand and known for its kitesurfing. Cabanas de Tavira is a picturesque fishing village known for its gastronomy, local traditions, and proximity to the Ria Formosa Natural Park, one of Portugals 7 Natural Wonders. Taviras historic city center is only 4 km away, offering cultural richness and authentic charm, while Faro International Airport is just 35 km from the estate, ensuring convenient access for international guests. The Spanish border, located 20 km away, further extends the potential of cross-border tourism. The Algarve remains one of Europes strongest hospitality markets, and Quinta Nora Branca offers a rare combination of heritage, location, and approved development capacity to create a distinctive boutique destination. - REF: 21825