Development Property - Pre Approved Condominium for Sale in Alcoutim, Algarve, Portugal

Development Property-Pre-Approved for Condominium and Golf

Algarve, Portugal - Invest in a First Rate Property perfect for a Golf Club and Villa Condominium Development
Exclusive Property already Pre-approved for Real Estate Development - This exclusive Property is already pre-approved for the construction of a 24 Hectare Condominium that includes a Golf Camp.


Breathtaking rolling hills overlooking the Guadiana River - the natural border between Southern Portugal and Andalusia in Spain.
Totaling 168 hectares (in plant) with centenary Olive trees over rolling hills in a panoramic setting overlooking the serene river border.
Approximately one thousand meters of river front in a perfectly navigable setting, permitting a riverside yacht marina .
The property is easily accessible via a picturesque road following the river contour or via two major highways (IC-27 and coming via E-01).
The "Grandaca" Property is located in a natural, peacefull yet touristic region, close to an international airport (Faro, 45 minutes away) and in a region of long term sustained touristic investment growth.

Only 30 minutes away from some of the most prestigious beaches in the Algarve.

The southern Guadiana River region is already a well renowned Sailboat Cruiser stop-over for those entering or leaving the Med.

Sail or motorboat down to the river-mouth and on to the Algarve coast and it's picturesque Ports and famous Beaches!!


Some notes regarding investing in Portugal:

- Strong and sustainable tourism demand with 11 million visitors in 2009 (WTTC) and annual growth of 3% forecast until 2017

- The Algarve is THE number one golf destination in Europe attracting 200,000 golfers annually

- Politically stable country and member of the European Union

- Easily accessible from the UK, only 2.5 hours direct flying time

- Year round warm climate with long summers and short mild winters

- Portugal boasts 225 Blue Flag beaches and 14 marinas

- Steadily rising property prices offering good capital growth over the medium term

- Portugal attracts a considerable amount of FDI and offers the lowest corporation tax in Western Europe

- High levels of investment into infrastructure projects including new road, rail and air links