Land for sale in Portimão, Portugal — €3,500,000

About this land

Located in the heart of nature and just 10 minutes from the stunning beaches of the Algarve, this magnificent property is a rare opportunity on the market. With breathtaking views of the sea and the reservoir, the land is surrounded by abundant water resources including a borehole, well, and irrigation tank ensuring pure and sustainable water all year round.This natural haven combines the best of both worlds: absolute countryside tranquility with immediate proximity to the city and the coastline.The property already has a PIP/pre-approved project for the construction of an isolated hospitality unit, which could include a hotel, Located in the heart of nature and just 10 minutes from the stunning beaches of the Algarve, this magnificent property is a rare opportunity on the market. With breathtaking views of the sea and the reservoir, the land is surrounded by abundant water resources including a borehole, well, and irrigation tank ensuring pure and sustainable water all year round.This natural haven combines the best of both worlds: absolute countryside tranquility with immediate proximity to the city and the coastline.The property already has a PIP/pre-approved project for the construction of an isolated hospitality unit, which could include a hotel, resort, and golf course. There is also the potential to develop a PIN - Project of National Interest, opening the door to larger-scale and highly profitable investments.With excellent sun exposure and a generous land area, the property offers countless possibilities, such as:Installation of solar power systems; Agriculture, livestock, beekeeping, or cultivation of medicinal plants and flowers;Landscape architecture projects or eco-tourism developments.The property features medium-voltage electricity poles and is bordered by the picturesque Ribeira das Canas, further enhancing its natural and scenic value. In the forestry sector, cork oaks stand out, complementing extensive areas suitable for cultivation or animal farming.With excellent privacy, friendly surroundings, and a peaceful environment, this property represents a unique opportunity for those looking to invest in a tourism, agricultural, or environmental project in the heart of the Algarve. (REFª PM497) #ref:PM497