OUTSTANDING AND VERY RARE DEVELOPMENT OPPORTUNITY WITH AMAZING VIEWS

Between Silves and Portimão

1,200,000

FREEHOLD

Id Icon

021962

ID NUMBER

Central Icon

Central

ALGARVE

Epc Na

ENERGY

RATING

Plot Icon

10000

m2

Plot Icon

73/180

Ha/Acres

Bedroom Icon

0

BEDROOMS

FOR SALE

AVAILABLE

Here we have one of the best development plots in the Algarve, being just a short drive from Silves and a 10 minute drive to Portimão in a truly stunning location that is well serviced by these two cities.  With 73 hectares, this property is most unusual and within those hectares it offers urban articles approaching 10,000m².  This property offers the investor the potential of an excellent return in an idyllic location. The Camara (local council) have verbally indicated that they will entertain most proposals – from Villas to quite a substantial Hotel with some sort of attached leisure/sports facility, provided that whatever the development, it will respect the surroundings with its abundance of birds and its natural beauty. This wonderful property has over 2km of Odelouca River Frontage and therefore a development could offer fishing facilities, yachting or other water based leisure/sport facilities.

If you like this property please share it with your friends.

PROPERTY DETAILS

The pictures show just some of the old buildings which made up the original farmstead, with the fabulous mountains behind, the Odelouca River flowing by to the front and a further stunning range of mountains beyond. Beneath the farm, the beautiful level land leads down to the river, which currently is grazed by happy cows and has a glorious backdrop looking either left or right. Two of the photos are taken across the very large stock yard, one is towards the river and the other is of the land going up towards the hills. Our photos are here to demonstrate the outstanding beauty of this location. This fantastic area could be the backdrop to one of the best developments in the Algarve no matter if it is for Villas or for a hotel with leisure facilities. The asking price sets this superbly located land at only €1.60 per m²….surely the cheapest offered with exciting potential for many a year. ACT NOW - DON’T MISS THIS AMAZING OPPORTUNITY!

GENERAL INFORMATION

The property is freehold, with electric available, own borehole and dam water available. There is a very nice local café about 1.5kms back along the dirt road that comes directly off the N 124. This road also provides fast access to Portimão (about 10 mins) which has all modern conveniences including Supermarkets, Markets, Health Centres, Restaurants, Bars and many other Leisure Facilities, the A22 is close by and is about 50 minutes to Faro airport.

Purchasers must satisfy themselves by inspection or otherwise that all rooms and any land are measured by you or your appointed solicitor or surveyor prior to purchase. All measurements or distances are approximate. The text, photographs and plans are for guidance only. It should not be assumed that the property meets all the appropriate legal requirements.

If you like this property please share it with your friends.