Plot Of 114ha For Touristic Investment In Monte Agudo Santo Estevão Tavira
$10,946,847
282 ac lot
This magnificent plot in Monte Agudo is one of the largest plots in the Algarve, with its unprecedented 114 hectares, of which 21 are viable for construction.
The project can be divided in tw
This magnificent plot in Monte Agudo is one of the largest plots in the Algarve, with its unprecedented 114 hectares, of which 21 are viable for construction.
The project can be divided in two parts: One a five-star Hotel and the other a five-star Tourism nucleus.
The five star Hotel is approved, with 120 rooms and 240 beds, a magnificent swimming pool and with stunning views, and this consists of 4 fantastic old houses, 6 large warehouses, with 3 water deposits for irrigation, (one with 5 meters high and another with 10 meters wide), 2 transformers and 3 hydraulic water holes, with the existence of electricity.
Regarding the Tourism development nucleus, in the land area indiscriminate to the 21 hectares of the hotel, where it is under approval by the Algarve, Portugal Tourism and Tavira Town Council, a Resort with 800 beds assigned to be developed in tourist villas with infrastructures and outdoor areas, allotments, waterproofing areas, leisure areas with an 18-hole golf course, and a wooden walkway on the slopes, which may consist of 1 or 2 hotels or Apart-hotels as the investor wishes.
Ideal for rural tourism or nature tourism.
This land is located just 7 km from the centre of Tavira, 10 minutes from the beach and about 40 km from Faro airport and has wonderful panoramic views over the mountains and the sea.
Tavira deserves a place of prominence and a touristic development of superior quality, namely a 5-star one, which will enhance a more selective and demanding tourism for which there is still no offer in the county.
At Legacy Group we have at your disposal Support in the financing process (if required). Our agency has a Credit Intermediary Authorised by the Bank of Portugal. In case you need financing we can help you.
We are sure that we have the right solution for you!