Investing in a Castro Marim Property
If you are looking to invest in a Castro Marim property, you have come to the right place. Castro Marim is a municipality and historical town in the southern region of Algarve. The area offers serene landscapes with peaceful meadows and luxurious resorts.
Do like many others and move to sunny Portugal! Not only does a Castro Marim apartment or villa offer you the luxury of always being close to nature, be surrounded by beautiful towns and enjoy the tranquil Portuguese way of life. The attractive tax benefit program NHR is also a major factor to why many Europeans has found their way to Portugal. If you are not part of the EU/EFTA then you have the opportunity to apply for a so called ‘Golden Visa’ which gives you a residence permit if you invest €500,000 or more in property.
Castro Marim property prices are a bit lower than the ones in the bigger cities. The average price for an apartment is €1,800 per sq. meter, while a house will cost you an average of €1,900 per sq. meter. The neighborhood offers few investment opportunities too, priced €1,100 per sq. meter in average.
21. June 2018
Sale price distribution in Castro Marim region
Sale price per sq.m. for each property price in Castro Marim region
Castro Marim is especially loved for its beautiful castles, charming villages with cobble stoned streets, terracotta roofs and whitewashed walls. In the surrounding area you have the Reserva Natural do Sapal, a 2,000 hectare marshland and an area of saltpans. Come here to see the flamingos which stop off here to feed. The area is also home to many other species of animals, fauna and flora. For the ones who are interested in birds, there are hundreds of different species of birds here including spoonbills and storks. Castro Marim is a unique and tranquil place in the Algarve, offering views that will take your breath away.
Back to Medieval Days
Set on top of two hills, Castro Marim is mostly known for the remains of the towns fortification; Fort Sao Sebastiao and Castro Marim Castle (dating back from 10th to 12th century). If you want to see beautiful views over the river and the salt pans, go to the castles and get panoramic views.
During the month of August, the town of Castro Marim hosts its annual August Medieval Days fair inside the castle walls for four days. Go to the fair to enjoy delicious cuisine that is unique for this region, see the town come alive with fire-eaters, archery and jousting and immerse in the Portuguese culture.
Benefits of a Castro Marim Property
Golf is very popular in Portugal and there are many popular golf courses throughout the country. For those looking to invest in a Castro Marim property for sale, you have the Castro Marim Golf & Country Club and of the Quinta do Vale resort where you can enjoy some of the most beautiful golf courses in Portugal.
Although Castro Marim has no direct access to the river, you can drive to the nearest harbour in Vila Real de Santo António and embark on a boat tour upriver. If you prefer to be more active, why not go hiking. The area is ideal for spending your time outside and there are several trails which offers fantastic views of the valley.
The cuisine in Castro Marim is fresh and people uses the produce readily available. Seafood is very popular in Portugal and it’s no difference here. You will find many local cafés and restaurants in the area that serves tasty, traditional food.
This unspoilt location with its medieval charm is a great choice for anyone looking to relocate to Portugal. Buying a Castro Marim real estate will give you many opportunities to explore Portugal and the Algarve. Don’t miss out on the nearby beaches that are only a 10 minutes drive away – Praia Verde and Cabeco Beach. A Castro Marim property is greatly located for the ones who seeks a bit more privacy and tranquility, yet has all the sights that one could dream of.
Hero Picture by André Vascons via Flickr