Land for sale in Alcoutim e Pereiro, Alcoutim, Algarve • ARE-84174

3 950 000 €

Herdade da Grandaça is a 168.45-hectare property located in Alcoutim, in the district of Faro, Algarve.This property stands out for its direct access to the river, ideal for the construction of a private pier. This development project, based on the PIP provided by the City Council and with plans from ARX Portugal Architects, envisions the construction of a hotel unit with all the inherent infrastructure, including a gym, swimming pool, padel court, restaurant, and more amenities. Additionally, 92 houses ranging from studio to 3-bedroom types are planned, spread throughout the estate, offering a variety of tourist accommodation options. Herdade da Grandaça is ideal for those seeking an investment in sustainable tourism, whether for senior tourism or nature lovers.Located within a 1-hour driving distance from Faro International Airport, 30 minutes from Vila Real de Santo António and Ayamonte, and from Alagoa Beach.

Property Details

General
Property ReferenceARE-84174
Property TypeLand
CountryPortugal
DistrictAlgarve
TownAlcoutim
NeighborhoodAlcoutim e Pereiro
Property Details
Plot Size168.45 m²
Energy RatingExempt
Investment Overview
Asking Price3 950 000 €

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