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Algarve, Castro Marim, Portugal

£330,378
€395,000
Casas Do Sotavento, Faro
PROPERTY TYPE

Country House

BEDROOMS

5

BATHROOMS

2

SIZE

2,217 sq ft

206 sq m

Key features

  • Bedrooms: 5

Description

T3+2 Estate with 8.7 Hectares and Exceptional Potential Castro Marim
Excellent investment opportunity in the Eastern Algarve!

Magnificent property comprising 8.764 hectares, situated in a privileged location in Castro Marim, offering excellent accessibility, abundant water resources and stunning views over the surrounding countryside and the Beliche Reservoir.

A highly versatile property with enormous potential, ideal for agricultural use, rural tourism or residential development.

Rustic land 8.7 hectares
The property offers a diverse agricultural area comprising:

Dryland area with olive, almond, carob and fig trees;
Large citrus orchard, with both young and mature trees;
Abundant water resources, providing excellent conditions for agricultural use;
Potential for the development of a rural tourism project, with the possibility of constructing up to 2,000 m², subject to the relevant approvals and licensing.
Urban area exceptional development potential
The property includes two urban plots, with a total area of 1,640 m², currently containing two buildings with a combined total area of 206 m².

One of the property's main attractions is its potential for residential expansion:

Each of the two existing buildings may, subject to the applicable planning parameters and the necessary licensing, be extended up to 300 m² of gross construction area;
Potential for up to 600 m² of total gross residential construction area across the two buildings;
The existing buildings therefore offer the possibility of developing a substantially larger residential solution while preserving the property's character and identity.
The property also includes outbuildings, namely a former pigsty and a traditional wood-fired oven.

Water and infrastructure
The property benefits from excellent resources and infrastructure:

Electricity available on the land;
Well;
Stream with abundant water throughout the year;
Irrigation outlet supplied by the Beliche Reservoir;
The stream acts as the outlet of the Beliche Reservoir, which is located very close to the property;
From the highest point of the land, it is possible to enjoy privileged views over the Beliche Reservoir and the surrounding landscape;
Easy access via a paved road.
Prime location
The property is situated in a peaceful area of outstanding natural beauty, while remaining close to the main towns, beaches and the Spanish border:

Junqueira - 3 km
Castro Marim - 7.8 km
Vila Real de Santo António - 10.8 km
Spain - 9.6 km
Beaches - approximately 15 km
A property with multiple possibilities
This is a rare opportunity for anyone looking for a large property in the Algarve, combining nature, agriculture, water resources, prime location and development potential.

Ideal for private residence, family project, real estate investment, agricultural use or tourism development, while also benefiting from the potential expansion of the existing urban buildings.

A unique property with exceptional potential for appreciation in the Eastern Algarve.

Don't miss this opportunity!
Energy Rating: F
#ref:CS-LI-HER-93288

Algarve, Castro Marim, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    32.2 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_23724421) 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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