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How can I invest in agricultural land with a ruin close to the sea?

Plot in Olhão

ref. TV1693
495.000€
  • NA
  • 138m2
  • 18.000m2
  • Building Plot

Investing in agricultural land with a ruin close to the sea has never been easier, and this property near Olh\u00e3o is a prime example. The 18,000 m² plot not only features fertile land but also comes with an old farmhouse that can be either renovated or repurposed into an exquisite coastal escape. The potential for this investment is immense, especially with the approved project for nine en-suite rooms designed for future construction.

Located just 3 km from the beach, this plot offers the tranquillity of rural life while being close to stunning coastline views and recreational opportunities. It’s perfect for buyers aiming for an agricultural venture or a peaceful family retreat while enjoying the nearby town's amenities. With a mix of established trees and traditional agricultural features, this land offers a rich history and abundant natural resources.

You can participate in agro-tourism or create a unique residential property that attracts visitors looking for authenticity and charm. Olh\u00e3o is known for its vibrant local culture, situated within easy reach of diverse markets, cafes, and all necessary conveniences.

This plot stands apart due to its gentle slopes and various access routes, including a shared driveway and a private path, providing excellent infrastructure for development. Tarragona watercourse features contribute to the overall ecological value of the property.

Take advantage of this unique opportunity and contact us now to discuss how you can invest in this land with an exciting future ahead!

Usage
Residential
Type
Plot
Town
Olhão
Parish
Quelfes
Municipality
Olhão, Faro
Region
Algarve (East)
Floors
2
Living Area
138 m²
Surface area
178 m²
Plot Area
18.000 m²
Driveway
well, Mains electric
Fruit Trees
Panoramic View, Countryside View
Building Plots
• Living Area: 138 m², Construction area: 178 m² – existing farmhouse
• Plot: 18,000 m²
• Year of Construction: pre-1951
• Project specifications available on request
• The price includes the plot and the approved project but not the construction of the building
• Short drive to town and all amenities
• Distance to the nearest beach 3 km

This property has enormous potential, with an existing old farmhouse (in ruins), other buildings and surviving, traditional agricultural features set in a large fertile agricultural plot of 18,000 m2, with only a few neighbours.

The existing ruin offers the opportunity to create a new house or to renovate and extend the traditional farmhouse. Recently, a project has been approved by the local council for a 1,500m2 construction including nine en-suite rooms, roof terraces and basement garage.

The ruin is located at the highest point of the diamond-shaped plot, in the northerly corner with the land sloping gently away from a ridge along the eastern boundary and descending in terraces to a brook that runs along western edge of the property. Access is via a 50m shared driveway from the tarmac road and, at the other end of the plot, a private path.

The land was used as a productive family farm with a mix of established trees including figs, olives, carobs, nêsperas, orchards of citrus and almonds, vegetable patches, arboriculture and watercourse beds. The surviving well, nora and cisterna are remarkable features, which could be restored, or the cisterna could be converted into a swimming pool.

The property would make an idyllic rural retreat for a family home or a fantastic agro-tourism or holiday project. Please contact our agency for more details.

Amenities

• Mains electricity, telephone and mains water for connection nearby
• Fertile land with established trees, orchards, market gardening
• Large well with good water readily available
• Other traditional agricultural features – nora, cisterna, eira and terracing

Location

• A short drive to Olhão (5 kms) with all its amenities and year-round entertainments and activities: supermarkets, banks, post office, restaurants, cafés, shops, pharmacies, medical centres, schools, newsagents, sporting facilities and public swimming pool, the famous fish market, marina, other markets and much more.
• Beaches: Praia dos Cavacos (3 kms), Praia da Fuzeta (8 kms), Praia de Faro (20 kms)
• Golf: Colina Verde (10 kms); Quinta do Lago Laranjal (23 kms); Benamor (25 kms)
• Faro International Airport: 18 kms
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