Land for sale in 8800 Tavira, Portugal

£8,570,332 (€10,000,000)
Interested in this property? Call +44 330 038 9634 * or Request Details

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Land for sale

Property features

  • Total area: 1140000 sqm
  • Condition:
  • Sea views

Property description

This magnificent plot in Monte Agudo is one of the largest plots in the Algarve, with its unprecedented 114 hectares, of which 21 are viable for construction.

The project can be divided in two parts:
One a five-star Hotel and the other a five-star Tourism nucleus.

The five star Hotel is approved, with 120 rooms and 240 beds, a magnificent swimming pool and with stunning views, and this consists of 4 fantastic old houses, 6 large warehouses, with 3 water deposits for irrigation, (one with 5 meters high and another with 10 meters wide), 2 transformers and 3 hydraulic water holes, with the existence of electricity.

Regarding the Tourism development nucleus, in the land area indiscriminate to the 21 hectares of the hotel, where it is under approval by the Algarve, Portugal Tourism and Tavira Town Council, a Resort with 800 beds assigned to be developed in tourist villas with infrastructures and outdoor areas, allotments, waterproofing areas, leisure areas with an 18-hole golf course, and a wooden walkway on the slopes, which may consist of 1 or 2 hotels or Apart-hotels as the investor wishes.

Ideal for rural tourism or nature tourism.

This land is located just 7 km from the centre of Tavira, 10 minutes from the beach and about 40 km from Faro airport and has wonderful panoramic views over the mountains and the sea.

Tavira deserves a place of prominence and a touristic development of superior quality, namely a 5-star one, which will enhance a more selective and demanding tourism for which there is still no offer in the county.

At Legacy Group we have at your disposal Support in the financing process (if required).
Our agency has a Credit Intermediary Authorised by the Bank of Portugal.
In case you need financing we can help you.

We are sure that we have the right solution for you!
Ref: PG49

Property info

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

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For more information about this property, please contact
Legacy Group Real Estate Consulting, on +44 330 038 9634 * (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 Legacy Group Real Estate Consulting, and do not constitute property particulars. Please contact Legacy Group Real Estate Consulting 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.