$2,895,136

25 Hectare Plot On The Banks Of The Guadiana With Hotel Project

  • 63.56 Ac lot
  • Updated: June 18
  • 1
    Views for last 30 days

About the Property

Predimed presents this fantastic plot of land on the banks of the River Guadiana, with 25 hectares (63.55 acres) and stunning panoramic views over the river, the bridge, Spain and the sea. The plot is right next to the A22 motorway and its access, allowing very fast access to Faro airport, Spain and Seville airport, and is just 2 minutes away from the medieval town of Castro Marim and its castle,
Predimed presents this fantastic plot of land on the banks of the River Guadiana, with 25 hectares (63.55 acres) and stunning panoramic views over the river, the bridge, Spain and the sea. The plot is right next to the A22 motorway and its access, allowing very fast access to Faro airport, Spain and Seville airport, and is just 2 minutes away from the medieval town of Castro Marim and its castle, and 10 minutes away from the beaches of Monte Gordo and Praia Verde. This plot of land has already benefited from an approved project for a 5-star hotel with 226 beds, which would occupy 7162 sqm of implantation area (9554 sqm of construction) and which would all be integrated and disguised in the landscape. The deadline for the project expired a few years ago, but the project is still up to date with all the legal and environmental requirements. If the tourist project with a hotel is not an option for the buyer, he or she can always build either a house of up to 250 sqm or an agricultural warehouse of up to 500 sqm or a rural tourism enterprise of up to 2000 sqm. Today, the land is practically all planted with carob trees, which allows it to be well monetised. This is an excellent opportunity for tourism investment. Don’t hesitate to contact me for more information. (ref PD-046152)
  • Property type

    Land

Features

  • Water View
  • Mountain View
  • 2D Floor Plan
  • Investment Property
  • Panoramic / Scenic View

Explore the Area

Castro Marim, Algarve, Portugal View on Google Maps
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Predimed

Joined 3 years ago
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Predimed
Portugal
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Predimed
Lisboa, Portugal
View agency profile
Last updated
June 18
First listed
Jul 25, 2024
Listing reference
-10240056782
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