£9,973,863
€11,500,000
Land for saleN125, Altura, Castro Marim
About this property
Reference: Cs-ter-86453
Total area: 2000m2
Useful area: 0m2
Plot area: 178198m2
Investment Opportunity in the Algarve - Land with Potential for Tourism Development.
We present a unique property with a total area of 178,198 m², comprising three independent plots, each with over 50,000 m², formerly home to a water park (now deactivated).
This land offers strong potential for tourism development, supported by positive feedback from Preliminary Information Requests (pip) issued by the local municipality, allowing for:
The construction of a hotel, A caravan park, And a bungalow resort.
Prime Location
Ideally situated next to the main national road and with direct access to the A22 motorway, this property benefits from excellent visibility and accessibility, located by a key roundabout.
Surrounding Area
Set in the heart of the Eastern Algarve (Sotavento), this location is within close proximity to some of the region's most stunning beaches:
Manta Rota Beach, Praia Verde, Altura Beach.
The Eastern Algarve is known for its natural beauty, year-round mild climate, and growing appeal to both national and international tourists, making it one of the most promising areas in southern Portugal for real estate investment.
A rare opportunity to develop a tourism project in one of the Algarve's most sought-after regions.
Contact us for more information or to schedule a visit.
Energy Rating: D
#ref:cs-ter-86453
Surroundings
Highway
Supermarket
Near the beach
Gas Station
Areas
Gross Area: 2000
Land Area: 178198
We present a unique property with a total area of 178,198 m², comprising three independent plots, each with over 50,000 m², formerly home to a water park (now deactivated).
This land offers strong potential for tourism development, supported by positive feedback from Preliminary Information Requests (pip) issued by the local municipality, allowing for:
The construction of a hotel, A caravan park, And a bungalow resort.
Prime Location
Ideally situated next to the main national road and with direct access to the A22 motorway, this property benefits from excellent visibility and accessibility, located by a key roundabout.
Surrounding Area
Set in the heart of the Eastern Algarve (Sotavento), this location is within close proximity to some of the region's most stunning beaches:
Manta Rota Beach, Praia Verde, Altura Beach.
The Eastern Algarve is known for its natural beauty, year-round mild climate, and growing appeal to both national and international tourists, making it one of the most promising areas in southern Portugal for real estate investment.
A rare opportunity to develop a tourism project in one of the Algarve's most sought-after regions.
Contact us for more information or to schedule a visit.
Energy Rating: D
#ref:cs-ter-86453
Surroundings
Highway
Supermarket
Near the beach
Gas Station
Areas
Gross Area: 2000
Land Area: 178198
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