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25-Hectare farm on the banks of the Guadiana with hotel project
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New Property
Click to see bigger photos
  • Property typeFarm
  • Sale
    € 2.500.000
  • Area2000 m² | 257180 m²
  • CountyFaro
  • TownCastro Marim
  • Parish
    Castro Marim
  • REFPD-046162
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2000 m²
257180 m²
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I
 

Description

Predimed presents this fantastic farm 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 farm 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.

Property Features

  • Surrounding areas
  • Highway
  • Mountain view
  • River view

Location

Castro Marim, Faro (Algarve)

Contacts

Predimed
AMI License: 22490
Website: predimed.pt
Address: Avenida do Brasil, 43, 5ºEsq. - 1700-062 Lisboa
Telephone: 910 292 474
View contacts page Real Estate Agency Predimed