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Plot for sale

São Bartolomeu de Messines, Algarve, Portugal

£2,077,965 *  [€2,500,000]

Plot for sale

São Bartolomeu de Messines, Algarve, Portugal

£2,077,965 *  [€2,500,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 1740760 m2

Features


  • View of the Arade dam
  • Country views
  • Rates (IMI): 68€ per annum (approx.)

Full Description


This amazing plot, located near the Ribeira do Arade Dam, has a total area of 430 acres mostly comprised of cork oaks, arable crops, carob trees, olive trees, eucalyptus grove, citrus orchard and scrubland, and includes a storage house for agricultural tools.A licence request was submitted to Town Hall for the construction of 4-star Hotel, for tourism, comprising 3 blocks, with 36 double rooms, swimming pool, restaurant, reception, children’s playground and 42 parking spaces, with a built area of 2.000 sq m.
Also, 2 assessments were conducted on the feasibility of implementing a wind farm and a photovoltaic power plant.
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Map may not show exact location

This property listing (ref: KP1250) is an advertisement supplied by Kaiser Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8312 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.