Rustic Land for Sale, Alcoutim, Faro (Algarve), in Portugal

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Property details

• District
  Faro (Algarve)
• County
  Alcoutim
• Locality
  Alcoutim

• Area
  2000 m²
• Plot area
  520000 m²
  

• Price
  2.100.000 €
• Energy Rating
  Isento

• Property code
  CS-HER-86491

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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.

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