A unique product – an exclusive investment opportunity for those looking to develop Hospitality or Residential projects in the south of the Iberian Peninsula: 4 plots of land with 358 hectares in total, situated in a perfect location and with the perfect conditions for the development of a very profitable project.
Leaning against the banks of the River Guadiana, with Spain only a few kilometers away on the other side, this plot located in Castro Marim – Algarve, benefits from a privileged and exclusive location. The superb view over the river, the fields that surround it, the arms of the river that cross it and the salt flats that are still working and running, make this plot the perfect place for investment. In the immediate vicinity a Golf Course and a small pier can be found. The plot is also served by roads, which allow access to practically all of its area.
The land is also close to more than 10 golf courses, meaning it has great touristic potential. Also, the border with Guadiana river makes it very attractive for nautical activities as well.
Nearby, the wonderful beaches of Vila Real de Santo António can be found, as well paradises such as Praia de Cacela or picturesque fishing villages (within a few minutes’ drive). A few kilometers away is the Castro Marim Castle and the beautiful historic city of Vila Real de Santo António, with its Marina and its streets full of shops and restaurants. Spain is just a few minutes away and the area is also served by two airports – Faro (Portugal) and Seville (Spain), which makes this real estate a huge asset, as it is located so close to the border between the two countries.
This plot is one of the best investment opportunities in Algarve, as it offers exclusive and unique conditions for the development of a differentiated Hospitality project, namely for Senior Living, which is having high demand for Algarve. Conversations have been held with The City Hall, which is willing to welcome differentiated projects in the region, containing both (Boutique) Hotel and Residences in the plot, as well as other amenities. In addition to this versatility, it also has the particularity that it can be sold in its entirety or in installments.
If you want to know more information about this asset, advice on the type of possible projects that can be developed in it or you are looking for investing and for investment advice for your project, talk to us – we will gladly help you with our expertise.