Description
!!! NEW PRICE !!! Don't loose the EXCELENT investment OPORTUNITY.
Close to Praia Verde - Castro Marim/ Algarve.
Just 2 minutes from the very large Eco resorts of the eastern Algarve, whose area is in full expansion, and 2 minutes from its magnificent, immense beach..
Come and discover and realise your project and give a second life to this building, once a restaurant and a local institution known to all...
A Mecca for Flamenco dancing, the greatest dancers came here to share their art during memorable evenings with ever-growing numbers of customers!
Currently standing on a plot of 570 m2, the building covers 461m2 and has a total private gross floor area of 589m2.
The property has 3 levels,
The living area comprises 5 very large bedrooms, 2 bathrooms, a dining area, a kitchen and private access to a magnificent 200m2 terrace with superb 360° views over the pinewoods of Praia Verde, Praia de Cabeço, Castro Marim, Vila Real and Spain, all facing due south.
The building currently comprises 4 sections, with the following floor areas and energy certificates:
_ Fraction A (ground floor area) : 161m2 gross private area + 22m2 dependent gross area. This section is exempt from energy certification.
_ Fraction B (restaurant + terrace) : 165m2 gross private area + 39m2 dependent gross area. "C" energy certificate.
_ Fraction C (Space - café) : 75m2 gross private area. Energy certificate "C".
_ Fraction D (dwelling ) : 186m2 private gross floor area + 44m2 dependent gross floor area. "F" energy certificate
Its immense potential and excellent location offer the possibility of several projects, for a single or multiple investment:
One or two very large luxury villas with patio, private pool, jaccusi...
Large luxury flats with very large terraces and uninterrupted views, close to everything.
Open a restaurant area with accommodation above. Open a supermarket...
A preliminary request to Catro Marim town hall has been made and will provide you with information on the building potential.
Important information: The house to the left of the café's façade is also for sale and could increase the building potential of your project(s)!
Ideally located in the heart of the village of Sao Bartolomeu Castro Marim, the A22 motorway is just 5 minutes away.
Faro is 45 minutes away and Seville 1 hour.
Come and visit us and make this project opportunity a reality. Create your own!
Contact me to talk about it. I'm here to help you!
I share with all my colleagues, 50/50 with AMI licence.
#ref: 127063
