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COMMERCIAL

Algarve, Castro Marim, Portugal

£431,735
€499,000
AP Consulting Services & Real Estate, Faro
PROPERTY TYPE

Land

SIZE

462,848 sq ft

43,000 sq m

Key features

  • Field
  • Field
  • field view
  • field view
  • Golf court
  • Golf court
  • Sea view
  • Sea view
  • View to Mountain
  • View to Mountain

Description

Land with ruin for sale in Pedra Arrancada, Altura Castro Marim, offering a unique investment opportunity in a privileged location. With a total area of 4.3 hectares, this plot features an urban part with 605m2, of which 155m2 are registered as covered area and the remaining 450m2 are uncovered area, including a single-storey building with several divisions, two sheds, two barns, and a courtyard. The remaining 42,000m2 consist of an area with a slight slope, which later becomes flat.
The property has construction viability for a residential villa of up to 300m2, as well as for a standalone hotel project of no less than 3 stars, with a total buildable area of 2,000m2 and up to two floors (i.e., rural tourism).
The location is truly fantastic, providing breathtaking views of the sea and the village of Altura, including Praia Verde. Access to the beaches and Spain is excellent, ensuring convenience and ease of travel, with the airport just 55km away. The land has access to mains water, its own well, electricity, telephone (internet), and excellent access throughout the property.
Located just over 2 kilometres from Monte Rei Golf, this plot benefits from added value, whether for the construction of a villa or a rural tourism hotel, making it an unmissable opportunity for investors.

 

Algarve, Castro Marim, Portugal

Approximate location
Open mapStreet View

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About AP Consulting Services & Real Estate, Faro

Av da Republica, 24RC, Vila Real de Santo Antonio, Faro, 8900-203, PORTUGAL

António Palermo - Consulting Services & Real Estate is the registered trademark of real estate agent António Manuel Palermo Martins, licensed by IMPIC under number AMI 10368.

With more than three decades of dedication to the property sector, António Palermo has accumulated knowledge and experience that has shaped a differentiated approach to the dynamic and challenging property market.

His vision is to create opportunities and solutions for investors, covering not only advice on the acquisition and sale of property, but also on financing, monetisation, real estate asset management, strategic investment planning and market research.

AP - Consulting Services & Real Estate focuses mainly on serving national and international clients, including investors and expatriates. It offers a comprehensive information and support service in choosing and advising on property, as well as tax, legal and financial advice. Its competitive advantages include its in-depth knowledge of the markets in which it operates and its careful selection of properties, prioritising premium locations with high potential for appreciation and profitability.

AP - Consulting Services & Real Estate works every day to serve its clients' interests, creating value in a professional, efficient, ethical and welcoming manner. This approach takes into account clients' concerns, needs and lifestyles, even in challenging times.

The recent foray into the resale property construction sector has further strengthened its position with investors. This allows it to offer objective and independent solutions, tailored to each case.

In 2019, AP - Consulting Services & Real Estate was recognised with the Best Commercial Real Estate Consultancy - Portugal award by the online magazine BUILD- Real Estate and Property Awards (view prize). This award represents a small recognition for more than 30 years of service dedicated to property brokerage and consultancy.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by AP Consulting Services & Real Estate, Faro (reference 5116_1131) 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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