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How will the new Spain-Portugal bridge benefit property buyers in Alcoutim?

The new Spain-Portugal bridge is set to significantly enhance property investment opportunities in Alcoutim. As connectivity improves, buyers can expect increased demand for local real estate, which is perfect for those looking to invest in a growing market. With the construction fully funded by the Recovery and Resilience Plan, the infrastructure project is positioned to boost the local economy and attract more residents and tourists. Property buyers will find that the bridge not only provides ease of travel between Spain and Portugal but also enhances the appeal of Alcoutim as a desirable living location. With the expected increase in tourism and commercial activity, properties in Alcoutim are likely to see an appreciation in value, making it an excellent investment choice. Current listings may not yet reflect this potential, creating opportunities for savvy buyers to get in before prices rise. Consider looking for homes that may offer rental potential due to the anticipated influx of visitors. Alcoutim boasts beautiful landscapes and a tranquil lifestyle, perfect for those looking to escape the bustle of city life. Additionally, the proximity to Sanlúcar opens up various cultural experiences and amenities. Whether you’re seeking a permanent residence or a holiday home, the upcoming bridge dramatically increases accessibility. With the recent green light for construction, now is the time to act. Interested buyers are encouraged to explore available properties in the area to capitalise on this unique opportunity. Contact us today to learn more about investment options in Alcoutim.

Thursday, 17 October 2024 - News
How will the new Spain-Portugal bridge benefit property buyers in Alcoutim?

This was one of the resolutions taken at the Spanish Council of Ministers, just under a week before the Portuguese-Spanish Summit, which will take place next Wednesday, 23 October, at Palácio Fialho (Colégio do Alto), in Faro.

This summit was seen as the last opportunity to facilitate the advancement of this work, which is a long-standing aspiration of the population of this area of ​​the border and which will be paid for, in full, by the Recovery and Resilience Plan, according to a report by Sul Informação.

In practice, this means that the Alcoutim Chamber, which owns the work and has already carried out all the necessary procedures, will soon be able to launch the Public Tender to award the work.

At the same meeting of the Spanish Council of Ministers, the construction of the international bridge between Cedillo (Spain) and Montalvão-Nisa (Portugal), over the Sever River, was also approved.

 

Source: https://www.theportugalnews.com/news/2024-10-16/green-light-for-new-spain-portugal-bridge/92880#:~:text=The%20Spanish%20Government%20has%20approved,Guadiana%2C%20between%20Alcoutim%20and%20Sanl%C3%BAcar.

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