38,640m2 plot for a Tourism Project in Alvor, Algarve

38,640m2 plot for a Tourism Project in Alvor, Algarve
38,640m2 plot for a Tourism Project in Alvor, Algarve
38,640m2 plot for a Tourism Project in Alvor, Algarve
38,640m2 plot for a Tourism Project in Alvor, Algarve
38,640m2 plot for a Tourism Project in Alvor, Algarve
38,640m2 plot for a Tourism Project in Alvor, Algarve
38,640m2 plot for a Tourism Project in Alvor, Algarve
38,640m2 plot for a Tourism Project in Alvor, Algarve
38,640m2 plot for a Tourism Project in Alvor, Algarve
38,640m2 plot for a Tourism Project in Alvor, Algarve
38,640m2 plot for a Tourism Project in Alvor, Algarve

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3,000,000 EUR
Plot of land ideal for a Tourism Project, located in Sítio da Dourada, Alvor, a central location with good access and less than 3km to the best beaches in the area. According to Article 43 of the Portimão PDM (Municipal Territory Planning), the total area of 38,640m2 is divided into: 19,040m2 classified as Z.O.T. (Tourism Occupation Zone)19,600m2 classified as R.A.N. (National Agricultural Reserve)For Tax Land Registration purposes, it comprises a rural article of 38.640m2, including an urban article of 62m2 with a habitation building. There are also several scattered buildings to support the farming activity. In the past, a project has been approved by the Council for a 5-star hotel, with a capacity of 100 rooms and an area of 30,000 m2 for shared facilities, such as swimming pools and gardens.  If there is interest in keeping this project, there is the possibility of requesting its renewal based on Article 72 of the "Regime Jurídico da Urbanização e Edificação", Law 136/2014 of September 9th. Any other project must be submitted to the relevant authorities for approval. Distances: Faro’s airport – 75 km; Albufeira – 45 km; Portimão – 6 km; Sagres – 55 km; Lisbon – 285 km; Spanish border – 125 km An investment opportunity in a tourist destination of excellence not to be missed. *************************************************************************************************** ALVOR is a picturesque village near Portimão, in the Algarve, which retains most of its historic Moorish roots. Located in the western part of the south coast of Portugal, the main economic activities of Alvor are fishing, catering, retail shops and tourism. It has some of the most stunning beaches in the world, all with the Blue Flag, which make this small town of 6,000 inhabitants one of the most popular tourist destinations in the Algarve. Attractions and activities in Alvor: parasailing, parachuting, canoeing, SUP and mountain biking, bird watching, golf, tennis and paddle, boat trips along the Western Algarve, boardwalking over the dunes and salt marshes of the Natural Reserve of Alvor, among many other activities. There is also a lively nightlife with clubs and bars that, in the summer (the high season for the beach tourism), keep their doors open until late. Although Alvor receives more tourists in the summer months, it still has fewer tourists than some cities in the Algarve, such as Portimão and Albufeira, making it a good destination for those who want to enjoy the Algarve summer away from the crowds. Like the rest of the Algarve, Alvor has seen an increase in winter tourism, as it offers a pleasant alternative to the cold of Northern Europe. This is due to the low season prices of hotels and most tourist attractions. The existence of a renowned private hospital in the village is a guarantee of quality medical assistance, providing, therefore, excellent conditions for health tourism throughout the year. With a warm and temperate climate, the highest temperatures are recorded during the month of August, with winter being the season with the greatest rainfall. *************************************************************************************************** Additional information: KW Flash works in partnership with all AMI licensed real estate companies because we believe that together we can do more for our clients. If you are a real estate agent and have a qualified buyer, please get in contact with me. At KW Flash we offer, free of charge, several support services to our buying and selling customers, thus guaranteeing the accuracy and quality needed for the accomplishment of win-win businesses.

Property Details

Reference: 1210-1476
  • - Bedrooms: 0
  • - Bathrooms: 0

Property Location