Detached house for sale in Alcoutim E Pereiro, Alcoutim, Faro

£1,799,770 (€2,100,000)
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Detached house for sale

Property features

  • Reference: Cs-her-86491
  • Total area: 100m2
  • Useful area: 0m2
  • Plot area: 520000m2

Property description

Land with 52 hectares in Alcoutim - Algarve
Located less than 5 minutes from the River Beach and the Center of Alcoutim.
Next to the Alcoutim Dam.
Unique opportunity to acquire a large plot of land suitable for an eco-resort with +/- 100 huts from 2 to 3 beds and support buildings.
Possibility of Rural Tourism, Private Resort.
The property has two mills. Private lake, water line.
Two dilapidated mills and two crumbling water mills on site give the project its name (Cadavais River Mills)
and along with ripe holm oaks scattered among dozens of young pinetrees create a charming setting, natural and preserved with some beautiful views.
Possibility of 100 sports and leisure houses.
A project has evolved into a holistic wellness and leisure retreat, considered the perfect development for this key location.
The 128-hectare plot, just 11/2 km into the interior of the town of Alcoutim, has a small lake and is bordered by the Cadavais River, a large reservoir and a newly resurfacing metal road connecting Alcoutim to the small village of Corte t'Abehao.
More natural features
Alcoutim, considered by many to be the 'jewel of the Algarve', is in an idyllic position along the tides of the Guadiana River, which, in the Algarve, borders Spain. Across the river is the Spanish town of Sanlucar de Guadiana. Both cities are rich in history. Both have castles and berths for ocean yachts. A delightful setting.
Location and Communications
An excellent road network gives access to the coast, Spain and the north to the Alentejo. Faro International Airport is an hour's drive from this northeastern corner of the Algarve.
Make an opinion.
Energy Rating: Exempt
#ref:cs-her-86491

Surroundings
 Green areas
 Countryside
 View to Countryside
 View to City
 View to Garden
 View to Lake
 View to River
Areas
 Land Area: 520000
 Gross Area: 100
Infrastructures
 Watercourse

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

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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 Around the Sun, and do not constitute property particulars. Please contact Around the Sun 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.