The cost of this prime plot of land near Monchique is €125,000, making it an excellent investment for anyone looking to build a two-bedroom house. Position yourself in an appealing rural area with approved plans that lapsed but can be re-applied for. Spanning 5480m², the land offers ample space and stunning vistas of the surrounding countryside, perfect for tranquility and privacy. Mains electricity and a licensed borehole are already in place, ensuring necessary utilities are readily available. This location is not only picturesque but also practical—10 minutes from Monchique town enhances convenience for local shopping and dining. Ideal for nature lovers, the plot’s fertile land and south-facing elevation beckon gardening and outdoor living. Moreover, the nearby south coast beaches, approximately 37km away, provide weekend access to coastal activities. Investing in this land offers potential for healthy returns if developed thoughtfully, especially in this sought-after Algarve region. Regulatory considerations should be explored, as while obtaining new plans is likely, verifying with the town hall is essential. Don’t miss your chance at a chance to invest in this exceptional plot. Reach out today for more details and to arrange 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
