Property Description

MOINHO DOS ILHÉUS Moinho dos Ilhéus is situated on a 20 + 6 hectare property in Ria Formosa, Livramento, half-way between Tavira and Olhão, in Algarve, the south of Portugal. The Ria Formosa Protected Area is the geological continuation of the larger Natural Reserve of Parque Natural de Doñana, in Spain, the largest and arguably most relevant, marshland protected area in the planet A private property on one of the most privileged areas of Ria Formosa, a designated protected area in one of the richest ecosystems of Portugal. It is like a mini-protected area in itself, totally preserved, devoid of contaminations, with all the involving water circuitry activated exclusively by the natural force of gravity, with no artificial water pumping. Immensely rich in fauna, namely endemic fish and crustaceans. It has been – for more than a decade ? the largest intensive fish-farming facility in Portugal. We consider it ideal for a sustainable project in a multi-trophic approach, which is presently the model promoted by national and international authorities. Granting a mindful management, it will easily produce high-quality, high-yield products with ROI of a higher grade than the common ratios in market. It includes a large area of built, properly licensed, property. In the protected area of Ria Formosa this amounts to a unique proposition, as it is otherwise generally forbidden to build anything in the area. These licensed areas can be used to support production, for tourism or for crossover purposes. The building mentioned on the property certificate, a traditional Tide Mill, is clearly valuable for any high-end tourism endeavor The property belongs to the same family since 1937 and has been used as a tidal-mill, as a sea salt distillery, biological fish-farming, intensive fish-farming (by TIMar, a fish-farming project of Tiedemann Company – Norway), and now back to the original low pressure, organic-biological production of premium sea products. From the phase of intensive fish-farming, we still retain in the property all the infrastuctures that were built by TIMar, and are looking for projects that may make good use of them. Those infrastructures are not presently in use.

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0 Bedrooms Other Business Opportunity

Tavira, Faro, Portugal

Listing ID #733427
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 733427
Ref ID : 9ECLE9
Price : $21,927,200
MLS : CB03-0109
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