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Property for sale

Castro Marim, Algarve, Portugal

£603,002 *  [€699,000]

Property for sale

Castro Marim, Algarve, Portugal

£603,002 *  [€699,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 27280 m2
  • Habitable space: 294 m2

Features


  • Air conditioning
  • Fireplace
  • Energy Certificate: B

Full Description


An opportunity to acquire a one-of-a-kind property on an elevated spot overlooking the Guadiana River that separates Portugal from Spain.The property is currently run as a restaurant business hosting events and parties. It has a large main building housing the restaurant area with bar, 2 pools (1 for children) with an additional outdoor bar, and at the back of the restaurant are toilet facilities, and a cooking room with rotisserie. There is also direct access to the river with a private mooring There is a possibility to either change the commercial usage into habitation purpose turning the main building into a fantastic residence.( the uncovered 746m2 from the urban article could be used to enlarge the house) There is also a project for several (12)small houses on the plot that has expired, and this could be resubmitted. this would be a "turismo rural scheme for up to 2000m2"Electricity, water, and sewage are all in place for that project.The property is connected to the main grid (water and sewage) and has a borehole for irrigation purposes.*The feature(s) equipment(s) mentioned in this description are subject to verification and agreement between the vendors and buyers. - REF: TVR3026

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