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Algarve, Altura, Portugal

€11,500,000
Casas Do Sotavento, Faro
PROPERTY TYPE

Land

SIZE

1,918,105 sq ft

178,198 sq m

Key features

  • Near the beach
  • Bedrooms: 0

Description

Investment Opportunity in the Algarve - Land with Potential for Tourism Development.

We present a unique property with a total area of 178,198 m², comprising three independent plots, each with over 50,000 m², formerly home to a water park (now deactivated).

This land offers strong potential for tourism development, supported by positive feedback from Preliminary Information Requests (PIP) issued by the local municipality, allowing for:

The construction of a hotel,

A caravan park,

And a bungalow resort.

Prime Location
Ideally situated next to the main national road and with direct access to the A22 motorway, this property benefits from excellent visibility and accessibility, located by a key roundabout.

Surrounding Area
Set in the heart of the Eastern Algarve (Sotavento), this location is within close proximity to some of the region's most stunning beaches:

Manta Rota Beach,

Praia Verde,

Altura Beach.

The Eastern Algarve is known for its natural beauty, year-round mild climate, and growing appeal to both national and international tourists, making it one of the most promising areas in southern Portugal for real estate investment.

A rare opportunity to develop a tourism project in one of the Algarve's most sought-after regions.

Contact us for more information or to schedule a visit.
Energy Rating: D
#ref:CS-TER-86453

Algarve, Altura, Portugal

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    28.8 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Casas Do Sotavento, Faro

The Casas do Sotavento real estate company was founded in 2000 with the aim of being the leading real estate agency in the eastern Algarve. We stand out for our commitment to technological development, being present in around 220 national and foreign portals and personal pages. We provide a personalized accompaniment, we create solutions tailored to each client. We manage more than 2,000 properties from individuals, companies, banking and partnerships. All of our professionals guarantee strict management of mediation contracts and purchase and sale processes. Finally, we provide consultancy to all our clients, we also use modern and computerized means for business management.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Casas Do Sotavento, Faro (reference 283622_21707724) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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