Investing in a property with a ruin in central Algarve is straightforward with this available plot. The property listed for €235,000 features a 300 m² ruin on a 36,705 m² site near Guia, allowing you to rebuild a new two-storey villa. This presents a unique opportunity for buyers looking to maximise their investment potential in a prime location that is only a short drive from stunning beaches and a variety of local amenities.
• Plot Size 36.705m²
• Planning Permission for 2 Storey Villa
• The price includes the plot only, not the construction costs
• Well Water
• Close to Town of Guia
• 10 minutes drive from fabulous beaches
This massive plot of land has an existing ruin of 300m² allowing the rebuilding of a new property for the same living space over 2 floors. An approved project is shown or the new owners can design their own dream property.
The plot is just on the Silves-Pêra border but is in fact closer to Guia, just a 5-minute drive.
The land has a natural water well which could be converted to a borehole.
Easy access by part sand and part paved road to the plot which has entrance gate posts.
This plot would suit people looking for an equestrian retreat due to the expanse of land, unlimited water supply and neighbouring stables.
Amenities
• Existing ruin
• Water well
• Access road
Location
• Just a 5-minute drive into the town of Guia with its famous chicken piri piri and international restaurants, cafés, bars, banks, post office, pharmacy, supermarkets, butchers, newsagent, school, church, medical center and dentist, veterinary, football club and much more!
• 5 minutes’ drive to Algarve shopping, warehouse shops and garden centers.
• 10 minutes’ drive to the fabulous blue flag beaches of Galé, Coelho, São Rafael, Castelo, Lourenço & Evaristo.
• 8 km to Albufeira and a 30-minute drive to Faro airport.
• The nearest golf course at Amendoeira is 4.5 km away.
