What are the investment opportunities for properties near the new Spain-Portugal bridge?
Investing in properties near the new Spain-Portugal bridge presents a unique opportunity for buyers seeking long-term growth and attractiveness in the real estate market. With the Spanish Government's recent approval for this bridge over the Guadiana, areas like Alcoutim and Sanlúcar are set to experience increased accessibility, making them prime locations for investment. As this infrastructure project unfolds, it will likely lead to a rise in property values, inviting more potential buyers and investors to the region.
The benefits extend beyond immediate price increases; rental potential is also promising, with anticipated influxes of tourists and residents attracted by better transport options. Those looking to buy can expect a boost in demand for local amenities and services due to increased traffic and interest. Furthermore, the Recovery and Resilience Plan is financing the bridge's construction, ensuring stability and dedicated resources.
Nearby, you will find beautiful landscapes and a laid-back lifestyle, appealing to families and expatriates alike. Properties close to this bridge may appreciate significantly, with potential returns on investment that make them a attractive opportunity. Investing now could put you ahead of the curve before the full impact of this bridge is realised.
Don’t miss your chance to secure a strategic investment in these burgeoning locations. Speak with a local agent today to learn more about properties available for sale. Contact us now to explore your options!
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.
