€11,500,000

Land for sale Castro Marim
Property photo number 1 of 14 Photos for Property. File  97106121_4_de5493ca426b7dfff07e703db3e56408.jpeg

Overview

SUMMARY: Discover an opportunity with this Castro Marim land for sale and available for €11,500,000. This could be your next ideal home or a smart investment. More details await.

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,

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
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Details

  • Neighborhood: Altura
  • Baths: 0
  • Price: €11,500,000
  • Reference No.: YUPI-T16992
  • Area: 2,000 m2

Location

Marketed by:

  • Listing Manager
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Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


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