Apartment for sale in Castro Marim
Castro Marim




+460 000 €Sale
id. 124501108-1
112 m²
Description
Property for Reconstruction in Vale Andreu – Excellent Investment Opportunity We present this unique property located in Vale Andreu, set on a 211.50 m² plot, ideal for those seeking tranquility, privacy, and a renovation project with immense potential. The property features a gross private area of 112.70 m², consisting of a dwelling in ruins with 6 rooms, offering the opportunity for reconstruction. It also includes two patio areas, facing north and south, providing excellent sun exposure and outdoor space. Situated in a peaceful rural area, this property is just 18 minutes from Vila Real de Santo António, benefiting from good access and proximity to various services. Exempt from the Energy Certification System (SCE) under Decree-Law no. 101-D/2020 (Article 18).
Key features: Plot size: 211.50 m²; Gross private area: 112.70 m²; Dwelling in ruins with 6 rooms; North and south-facing patio areas; Excellent potential for reconstruction and value appreciation; Quiet setting and natural surroundings. Approximate distances: 11 km from Castro Marim; 12 km from the Spanish border; 14 km from Altura Beach; 15 km from Praia Verde; 15 km from Vila Real de Santo António; 16 km from Cacela Velha. Faro International Airport is approximately 50 minutes away. An excellent opportunity to develop your dream home or make an investment in a prime location in the Eastern Algarve.
Details
Gross Area m²
112Total Lot Area m²
211Elevator
NoParking
NoElectric Car Charging
NoMap
Rooms
Kitchen
Bedroom
Living Room
Mortgage Calculator
Property value60 000 €
Down Payment
6000 €10%
Amortization Period:30 years
Monthly Payment (*)242,48 €
(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!
The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.
