Private Introduction · Portugal
Land in Alcoutim
Plot in Alcoutim — €3,950,000.
- Price
- From EUR 3.95M
Introduction
Herdade da Grandaça is a 168.45-hectare property located in Alcoutim, in the district of Faro, Algarve.This property stands out for its direct access to the river, ideal for the construction of a private pier. This development project, based on the PIP provided by the City Council and with plans from ARX Portugal Architects, envisions the construction of a hotel unit with all the inherent infrastructure, including a gym, swimming pool, padel court, restaurant, and more amenities. Additionally, 92 houses ranging from studio to 3-bedroom types are planned, spread throughout the estate, offering a variety of tourist accommodation options. Herdade da Grandaça is ideal for those seeking an investment in sustainable tourism, whether for senior tourism or nature lovers.Located within a 1-hour driving distance from Faro International Airport, 30 minutes from Vila Real de Santo António and Ayamonte, and from Alagoa Beach.
Why This Opportunity
Prime Faro location
Located in Alcoutim, Faro, Portugal — a sought-after part of the market.
Priced at €3,950,000
On the market at €3,950,000.
Studio homes
Layout up to 168 m².
~5% estimated gross yield
Estimated 6% annual capital growth for Faro (market-level estimate).
The Area
Where it is
Getting around
Faro Airport (FAO)
Nearest international airport, reached via Vila Real de Santo António. [~90 km / 1 h 15 min]
A22 Via do Infante
Algarve motorway joined near Vila Real de Santo António via the IC27. [~40 km / 40 min]
IC27 & VAMUS Buses
Inland road and regional coaches running down the Guadiana valley to VRSA. [Town centre]
Nearby
Castelo de Alcoutim
Medieval riverside castle facing Spain across the Guadiana. [In town]
Limite Zero Cross-Border Zip-Line
Zip-wire that flies riders over the Guadiana into Spain. [In town]
Praia Fluvial do Pego Fundo
Riverside freshwater beach on a Guadiana tributary. [In town]
Sanlúcar de Guadiana (Spain)
Twin whitewashed village across the river, reached by boat. [Across the river]
Schools
Eastern Algarve International School (EAST), Tavira
Nearest international school; modified British National Curriculum, in Tavira. [~55 km / 50 min]
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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.