You can purchase this remarkable country plot in Monchique, featuring stunning views of the Serra de Monchique, and listed at an affordable price of €125,000. This property is an excellent opportunity for anyone looking to invest in land that offers both beauty and potential. Approved plans for a two-bedroom house streamline the process for serious buyers aiming to build their perfect sanctuary.
Stretching across 5480 m², this level plot provides ample space for your architectural vision. The area is not just picturesque but also functional, with mains electricity and a licensed borehole ready to support your future build. Located just 10 minutes from Monchique town, residents can easily access local conveniences, including inviting restaurants and markets.
The plot's fertility is ideal for gardening, enhancing its appeal for nature lovers or those seeking an off-grid lifestyle. Additionally, its low fire risk and easy access via a driveway from the road are substantial benefits for potential buyers. Consider the investment opportunities this area presents, from rental capabilities to capital growth in the Algarve's transforming property market.
With 37 km to the nearest beaches, your piece of paradise is just a short drive away. Make use of the reapplication for approved plans to customise your new home to fit your desires. Don't hesitate; this plot is a prime investment opportunity. Contact us today to learn more and schedule a visit!
• Plot size 5480m²
• Previously approved construction size 121m² with option for 240m² with basement
• The price includes the plot only, not the construction of the building
• Licensed borehole in place
• Mains electricity in place
• Licensed within the building plan to install a septic tank -this would need to be reapplied for
• Easy access with a driveway from the road
• 37km to south coast beaches
This plot is fertile with large flat terraces. The ruin faces east in an elevated position giving all day sunshine. As the plot is surrounded by agricultural land with medronho trees it is a low fire risk area.
It can be reached from two different directions and is only about a 10-minute drive to the town.
Plans of the lapsed construction approval are available but as a new owner would have to reapply it is a good opportunity to change the design if required.
Please note that while it is very likely to get plans approved it is not guaranteed. An interested person would have to check with the town hall.
Amenities
• Mains Electricity
• Borehole
Location
10km to Monchique with all amenities including fresh market and restaurants
37km to south coast beaches
32km to golf course
87km to Faro airport
