luxury properties for sale Castro Marim, Portugal

The substantial 762 m2 main property plus a 97 m2 annexe in private grounds of 5,200 m2 offers both the opportunity to create a commercial sporting enterprise or a large private residence. This high-yield luxury estate in Tavira is complete with active AL licenses and expansive grounds primed for development. With minimal remodeling, the estate can easily be reverted back into a private residence featuring an 80 m2 living room and kitchen, plus an upstairs 80 m2 master bedroom overlooking the pools, landscaped gardens, and the ocean, creating a luxurious, private sanctuary. With a versatile, multi-unit layout, professional-grade development potential, and a rapidly expanding international market, this is an opportunity to create a premium sport and lifestyle venture in the back orchard, with an exceptional return potential. Located only 6 minutes from Tavira's centre, this estate is fully equipped with the infrastructure, scale, and active licenses to immediately deliver superior returns, building on a consistent 20-year performance. Significant upside exists through phased expansion, premium branding, and diversified revenue streams. Estate Highlights - Total Land: 5,200 m2 of secure, landscaped grounds - Main Villa: 762 m2 - ideal for high-end hosting, luxury residence, or private retreat - Guest Annex: 97.5 m2 - convertible to ViP clubhouse, executive lounge, or guest quarters - 9 AL-licensed apartments: perfect for boutique hospitality or member accommodation - Heated saltwater swimming pool and children's pool - Borehole with UV filtration and automated irrigation - Solar and photovoltaic energy systems - Central heating with heat exchange pump - Orchard area convertible into 3-4 professional padel courts - Secure gated access and parking for up to 10 vehicles This property offers flexibility to pursue a hybrid or singular focus across multiple high-yield investment strategies: High-Performance Padel Academy - Space for 3-4 professional courts - Private athlete accommodations and dedicated training facilities - Revenue streams from elite coaching, team hosting, and tournament rentals Or Luxury Wellness & Corporate Retreat - Designed for executive groups, high-achiever workshops, tech companies, and wellness-focused travellers - integration of spa, fitness, and bespoke team-building programs - Opportunities for curated retreats, branded events, and premium hospitality experiences Features * Air-Conditioning * Al Rental Licence * Country Views * Guest Annexe * Heated Pool * Saltwater Pool * Sea-View

This building in Luz de Tavira is an excellent investment opportunity. Composed of three floors: first floor, first and second floors. The building is intended for both housing and commerce. It was built in horizontal property regime, divided into four independent autonomous fractions isolated from each other, allowing each unit to be sold or rented separately. Each fraction has its own space for habitation or commerce, with its own sanitary installations and kitchens, allowing independence and privacy between the different units of the building. In addition, the building has a common area in the courtyard that includes a swimming pool for the use of residents and visitors to the building, and a large warehouse that can be used for commercial purposes. Located in a countryside area, Praia do Homem Nu is 4.6 km away and guests can drive to the Colina Verde Golf Course in 5 minutes. The property is 27 km from Quinta do Lago. Tavira city center is just 2 km away and Faro Airport is 25 km from the property, providing easy access to various tourist areas and services in the region. This property has an AL (Local Lodging) license for some of the apartments, which means that it can be exploited for tourist accommodation purposes. With an excellent location and great investment potential, this building in Luz de Tavira is a unique opportunity for investors looking for a versatile and profitable property.