Homes Abroad the UK's leading guide to Holiday Homes Abroad

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  • Algarve
Price £3,979,550
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Property Description

First Rate Property, Ideal for a Golf Club and/or Villa Condominium Development


THIS Exclusive Property IS Pre-Approved for Real Estate Development - Yes!! This exclusive Property is already pre-approved for the construction of a 24 Hectare Condominium that includes a Golf Camp.

Breathtaking rolling hills overlooking the Guadiana River - the natural border between Southern Portugal and Andalusia in Spain.

Totalling 168 hectares (in plant) with centenary Olive trees and rolling hills in a very panoramic setting overlooking the serene river border.
Approximately one thousand meters or river front in a perfectly navigable setting, permitting a riverside yacht marina .
The property is easily accessible via a picturesque road following the river contour or via two major highways (IC-27 and coming via E-01).

The "Grandaça" Property is located in a very natural, peaceful yet very touristic region, close to an international airport and commercial centres (Faro is only 45 minutes away), in a region of long term sustained touristic investment growth.

Only 30 minutes away from some of the most prestigious beaches in the Algarve.

The southern Guadiana River region is already a well renowned and much appreciated Sailboat and Yacht stop-over for those entering and leaving the Med.

Sail or motorboat down to the river-mouth and on to the Algarve coast and it's picturesque Ports and famous Beaches!!

Some Notes regarding Portugal and the Algarve:

- Strong and sustainable tourism demand with 11 million visitors in 2009 (WTTC) and annual growth of 3% forecast until 2017

- The Algarve is THE number one golf destination in Europe attracting 200,000 golfers annually

- Politically stable country and member of the European Union

- Easily accessible from the UK, only 2.5 hours direct flying time

- Year round warm climate with long summers and short mild winters

- Portugal boasts 225 Blue Flag beaches and 14 marinas

- Steadily rising property prices offering good capital growth over the medium term

- Portugal attracts a considerable amount of FDI and offers the lowest corporation tax in Western Europe

- High levels of investment into infrastructure projects including new road, rail and air links


The price is €5,000,000

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Property Location

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