€170,000

House for sale Castro Marim
Property photo number 1 of 16 Photos for Property. File 105534363_2345_4a63bd5afb51639dff24cc978bc232f3.jpeg

Overview

SUMMARY: Discover an opportunity with this Castro Marim house for sale and available for €170,000. This could be your next ideal home or a smart investment. More details await.

Old Olive Oil Mill to be Restored, with Approved Plans for Residential Use and Holiday Accommodation In the peaceful village of Pernadas, beside the river and deep in the Algarve mountains, lies this old olive oil mill with enormous potential for a self-build

project, rural tourism or holiday accommodation. Situated approximately 3 km from Odeleite, accessible via a dirt track, the property sits on a plot of 1,038 m² and comprises an existing agricultural building measuring 333 m². The renovation project, including the specialist works, has already been approved by Castro Marim Municipal Council for use as a local holiday let. Approved project The project provides for two accommodation areas, which can operate together or completely independently: Main area 3 en-suite bedrooms, all with private bathrooms Living room Kitchen Guest bathroom Second area 2 double bedrooms Living room Kitchen Guest bathroom Access between the two areas can be via internal passageways or through separate external entrances, offering flexibility for family, tourist or mixed use. Infrastructure and facilities Electricity connection Water supply via cistern and water tanker Sewage system via septic tank A design conceived to provide comfort and functionality All relevant authorities, including ICNF, DRCNF, SIC and ZEC Guadiana, have already issued a favourable opinion on the project. With sweeping, breathtaking views over the Algarve mountains and the River Guadiana, this property is ideal for anyone looking to develop a rural tourism business, offering opportunities such as walking, canoeing, mountain biking, workshops, retreats or nature-based experiences. Odeleite and Castro Marim are renowned for their authenticity, historical heritage, traditional architecture, regional cuisine and unspoilt natural landscapes. It is an area of great charm, where the tranquillity of the Algarve countryside meets the proximity of the river and the coast. A unique opportunity to create a distinctive tourism project or a dream home surrounded by nature. Energy Rating: Exempt #ref:HAB 271 - HAB 271 - DUIN IMOBILIARIA

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Details

  • Beds: 5
  • Baths: 4
  • Price: €170,000
  • Reference No.: 158686833
  • Area: 335 m2

Location

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  • DUIN IMOBILIARIA
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