Land for sale in Castro Marim, Portugal — €300,000

About this land

Property comprising three houses, under construction, with 345 m2, located in Foz de Odeleite, Castro Marim, Algarve. The three two-bedroom villas are semi-detached with areas between 100 and 130 square metres, all overlooking the River Guadiana, with an approved project for four floors. Basement with garage, first and second floors for living and communal areas. Terrace with structure for a jacuzzi. The property with the villas is being sold in its current state for completion, ideal for investment. The structural phase is currently complete. The property is close to a small pier allowing for different nautical activities and fishing, located 11 minutes from the river beach of Odeleite, 24 minutes from Vila Real de Santo António, 29 minutes from the beaches of Monte Gordo and Ayamonte, 1 hour from Faro International Airport and 1 hour and 45 minutes from Seville. The municipality of Castro Marim belongs to the district of Faro, in the Algarve region. It is bordered to the east by Ayamonte (Spain), to the north and west by the municipality of Alcoutim, to the south-west by Tavira and to the south by Vila Real de Santo António. It covers an area of 300 square kilometres, spread over four parishes: Azinhal, Castro Marim, Odeleite and Altura. The municipality has a temperate Mediterranean climate, with hot, dry summers and mild winters; rainfall is distributed irregularly throughout the year, concentrated in the autumn and spring seasons. Its water resources are the Ribeira de Odeleite.