The current price for this prime building plot near Monchique town is £125,000. This property encompasses 5480m², offering enough space for ambitious architectural projects, including a reapplication for the previously approved construction plans of a two-bedroom house. Buyers considering a peaceful retreat in the Algarve should take note of the plot's potential.
With great access from the road, the property is conveniently located just 10 minutes from Monchique, where you can find all essential services and a vibrant community spirit. The surrounding area boasts stunning countryside views of the Serra de Monchique, making this an appealing choice for nature lovers.
The plot features a licensed borehole and mains electricity supply, which are crucial for off-grid living. Given its elevation and eastern exposure, the property benefits from abundant sunlight throughout the day. Nearby attractions such as the south coast beaches, located 37km away, enhance the investment's allure.
Opportunities like this are rare in the Algarve, and the investment potential is significant for future buyers in search of land.
Contact us today for further details or to schedule a viewing!
• 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
