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Land for sale

Castro Marim, Algarve, Portugal

£939,047 *  [€1,100,000]

Land for sale

Castro Marim, Algarve, Portugal

£939,047 *  [€1,100,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Full Description


CLOSE TO CASTRO MARIM AND VILA REAL DE SANTO ANTONIO
PLOT OF LAND OF 63.37 HECTARES WITH 5 OLD STONE FARMHOUSES SUITABLE FOR DEVELOPMENT WITH BEAUTIFUL VIEWS OF THE COUNTRYSIDE, THE GUADIANA RIVER AND THE ATLANTIC COAST

LOCATION
The property is located 10 minutes away from the villages of Odeleite and Azinhal. It is 15 minutes to the towns of Vila Real de Santo Antonio and Monte Gordo.
The Guadiana River, the Spanish border and the nearest golf courses can be reached within 10 minutes.
The International Airport and the city of Faro are both approximately 40 minutes away.

TYPE OF PROPERTY
The plot of land of 63.37 hectares comprises various constructions suitable for development. There are four urban articles on this land.
The main farmhouse, located on an elevated land, consists of four rooms, garage, bread oven, machine room and outside terraces (one of them with a pergola). Close to it, there is a cottage with a kitchen and two rooms.
The other two urban articles are located on the South side of the property: the ruined cottage with various rooms and the third farmhouse with a kitchen, various rooms, storage rooms, garage, animal pens and other outbuildings.
The property has a great potential for touristic development or individual houses with considerably large construction area. It is located very close to Guadiana River and the Atlantic coast.
The traditional houses have many original features like ceilings made with wooden beams and canes, stone walls and others.
The access to the property is via a local tarmac road going to Odeleite and Castro Marim.

COMMENTS
The location has magnificent views to the surrounding countryside, the Spanish border and the Atlantic coast.
The large land is very fertile and benefits of electricity, traditional water wells and boreholes plus the possibility to connect to agricultural water. There is abundance of spring water in the village which can be connected to the houses.
The plot of land has a myriad of fruit bearing trees - Plum, Orange, Lemon, Apple, Peach, Apricot, Fig, Arbutus and Pomegranate plus many other local species like Carob, Olive, Cork, Almond, Pine, mature Palms and many others. There are numerous shrubs, plants, canes, cacti and flowers.
The local shops, bars and restaurants are close by.
Investment in Portugals property market has never been higher, with a record number of overseas buyers. A good opportunity for future profits. We of course can help with architects, builders, and a post construction sales service.
Costs and advice will only be provided to serious clients here on the ground in Portugal.

Map may not show exact location