Odeleite, Castro Marim, business opportunity with stunning river views.

Price €699,000

Odeleite, Castro Marim, business opportunity with stunning river views.

Land Size: 28840m² Floor Area: 294m²

An opportunity to acquire a one-of-a-kind property on an elevated spot overlooking the Guadiana River that separates Portugal from Spain.

The property is currently run as a restaurant business hosting events and parties. It has a large main building housing the restaurant area with bar, 2 pools (1 for children) with an additional outdoor bar, and at the back of the restaurant are toilet facilities, and a cooking room with rotisserie. There is also direct access to the river with a private mooring

There is a possibility to either change the commercial usage into habitation purpose turning the main building into a fantastic residence.

There is also a project for several small houses on the plot that has expired, and this could be resubmitted under a "turismo rural scheme" allowing a 2000m2 construction.

Electricity, water, and sewage are all in place for that project.

The property is connected to the main grid (water and sewage) and has a borehole for irrigation purposes.

*The feature(s)/equipment(s) mentioned in this description are subject to verification and agreement between the vendors and buyers.

Important information

Property Features

  • Fantastic river views.
  • Plot: 28840m²
  • living area: 294m², uncovered area 1040m2
  • private mooring
  • possibility to extand/ project for turismo rural
  • connected to main utilities
  • Year of construction: 1990
  • EPC: B
  • perfect for events


Sorry! There are no available floor plans for this property.


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Ref: TVR3026

Agent Details

Fine & Country Tavira

Rua João Vaz Corte Real 2

T: +351 281 023 263
E: algarve@fineandcountry.com




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