5 Bedroom Land in Castro Marim

T3+2 Estate with 8.7 Hectares and Exceptional Potential Castro Marim Excellent investment opportunity in the Eastern Algarve! Magnificent property comprising 8.764 hectares, situated in a privileged location in Castro Marim, offering excellent accessibility, abundant water resources and stunning views over the surrounding countryside and the Beliche Reservoir. A highly versatile property with enormous potential, ideal for agricultural use, rural tourism or residential development. Rustic land 8.7 hectares The property offers a diverse agricultural area comprising: Dryland area with olive, almond, carob and fig trees; Large citrus orchard, with both young and mature trees; Abundant water resources, providing excellent conditions for agricultural use; Potential for the development of a rural tourism project, with the possibility of constructing up to 2,000sqm, subject to the relevant approvals and licensing. Urban area exceptional development potential The property includes two urban plots, with a total area of 1,640sqm, currently containing two buildings with a combined total area of 206sqm. One of the property's main attractions is its potential for residential expansion: Each of the two existing buildings may, subject to the applicable planning parameters and the necessary licensing, be extended up to 300sqm of gross construction area; Potential for up to 600sqm of total gross residential construction area across the two buildings; The existing buildings therefore offer the possibility of developing a substantially larger residential solution while preserving the property's character and identity. The property also includes outbuildings, namely a former pigsty and a traditional wood-fired oven. Water and infrastructure The property benefits from excellent resources and infrastructure: Electricity available on the land; Well; Stream with abundant water throughout the year; Irrigation outlet supplied by the Beliche Reservoir; The stream acts as the outlet of the Beliche Reservoir, which is located very close to the property; From the highest point of the land, it is possible to enjoy privileged views over the Beliche Reservoir and the surrounding landscape; Easy access via a paved road. Prime location The property is situated in a peaceful area of outstanding natural beauty, while remaining close to the main towns, beaches and the Spanish border: Junqueira - 3 km; Castro Marim - 7.8 km; Vila Real de Santo António - 10.8 km; Spain - 9.6 km; Beaches - approximately 15 km; A property with multiple possibilities This is a rare opportunity for anyone looking for a large property in the Algarve, combining nature, agriculture, water resources, prime location and development potential. Ideal for private residence, family project, real estate investment, agricultural use or tourism development, while also benefiting from the potential expansion of the existing urban buildings. A unique property with exceptional potential for appreciation in the Eastern Algarve. Don't miss this opportunity!