Land for sale in Mexilhoeira Grande, Portimão, Faro

£2,146,119 (€2,500,000)
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Land for sale

Property features

  • Reference: RP1710P
  • Total area: 2000m2
  • Useful area: 2000m2
  • Plot area: 2100000m2

Property description

Building plot of +/- 210 hectares with 4 ruins and 1annexes, that give the opportunity to carry out a rural tourism with fabulous views!
Only 11 km from Portimão, it will be an investment with the possibility of building something different and unmissable.
Under approval, the project has many possibilities to monetize, extreme sports (mountain biking), equestrian tours, a rural hotel, Bungalows, Spa, and so many other possibilities.
This property enjoys a huge potential for the creation of tourism units in rural areas, being possible the expansion and requalification of existing structures.
This is a diversified type of product that integrates accommodation, catering, animation and leisure.
It can be explored in the form of cottages, agro-tourism or rural hotel.
One of the possible development models would be a hotel with 60 rooms and the complementary possibility of installing bungalows. It would have a spa and wellness area, space for stay and rest with swimming pool, walking route and possibility of installation of a track for motor sports and cycling.
The available resources are vast, not only within the boundaries of the estate, but also in the surrounding area. On the outskirts you can count on sports and leisure equipment, lodgings, archaeological heritage, routes and paths, among others.
Any tourist resort will benefit from the existing water lines and the property's 6 dams. The largest of these reservoirs, with 20 ha of water surface, allows the development of a recreational reservoir, intended for nautical activities and installation of floating pool with access platform in wood.
The requalification of riparian galleries on the banks of Ribeira da Amieira would complement this use.
There is both the potential for economic exploitation, since this estate allows the development of an agro-forestry farm, being examples of crops adapted to medronhal, the mounted, the vineyard, the fig tree and the carob, among others. It already has an installation of 100 ha of meek pine.
It would be additionally feasible to build a photovoltaic park with electrical production for consumption and sale.
If you choose to go ahead with any of these projects, you have at your disposal a number of financial, national and European support for tourism and/or agro-forestry investments.
Quinta da Amieira was the subject of a recent and detailed study which outlines different proposals for its profitability.
This property is located 13km from Lagos and 11 km from Portimão.
It is very close to the A22 and is only 10km from the Algarve International Racetrack, which represents the largest attraction of sports tourism in the region.
Energy Rating: Exempt
#ref:RP1710P

Surroundings
 Green areas
Areas
 Gross Area: 2000
 Land Area: 2100000
 Net Area: 2000

Property location is approximate. Please contact the agent for further details.

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Rustic Properties, on +44 330 038 8210 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Rustic Properties, and do not constitute property particulars. Please contact Rustic Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.