Faro, Faro 8100

Land with 52 hectares in Alcoutim - Algarve Located less than 5 minutes from the River Beach and the Center of Alcoutim. Next to the Alcoutim Dam. Unique opportunity to acquire a large plot of land suitable for an eco-resort with +/- 100 2 to 3 bed cabins and support buildings. Possibility of Rural Tourism, Private Resort. The property has two mills. Private lake, waterline. Two ruined watermills on the site give the project its name (Cadavais river mills) and together with mature holm oaks scattered among dozens of young pine trees create a lovely, natural and preserved setting with some beautiful views. Possibility of 100 leisure houses. One project evolved into a holistic wellness and leisure retreat, considered the perfect development for this key location. The 52-hectare site, just 11/2 km inland from the town of Alcoutim, has a small lake and is bordered by the Cadavais River, a large reservoir and a recently resurfaced metal road that connects Alcoutim to the small village of Corte Tabelio. More natural features. Alcoutim, considered by many to be the 'jewel of the Algarve', is in an idyllic position next to the tides of the Guadiana River which, in the Algarve, borders Spain. On the other side of the river is the Spanish town of Sanlucar de Guadiana. Both cities are rich in history. Both have castles and anchorages for ocean yachts. A delightful setting. An excellent road network provides access to the coast, Spain and the north to the Alentejo. Faro International Airport is an hour's drive from this northeastern corner of the Algarve. Book your visit.