Castro Marim, Faro

Reference: ZCZT-T11. Land with ruin for sale in Pedra Arrancada, Altura Castro Marim, offering a unique investment opportunity in a privileged location. With a total area of 4.3 hectares, this plot features an urban part with 605m2, of which 155m2 are registered as covered area and the remaining 450m2 are uncovered area, including a single-storey building with several divisions, two sheds, two barns, and a courtyard. The remaining 42,000m2 consist of an area with a slight slope, which later becomes flat. The property has construction viability for a residential villa of up to 300m2, as well as for a standalone hotel project of no less than 3 stars, with a total buildable area of 2,000m2 and up to two floors (i.e., rural tourism). The location is truly fantastic, providing breathtaking views of the sea and the village of Altura, including Praia Verde. Access to the beaches and Spain is excellent, ensuring convenience and ease of travel, with the airport just 55km away. The land has access to mains water, its own well, electricity, telephone (internet), and excellent access throughout the property. Located just over 2 kilometres from Monte Rei Golf, this plot benefits from added value, whether for the construction of a villa or a rural tourism hotel, making it an unmissable opportunity for investors. Â