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How much does a residential plot with views near Monchique cost?

Plot in Monchique

ref. LG2016
125.000€
  • NA
  • 121m2
  • 5.480m2
  • Building Plot

The cost of a residential plot with stunning views near Monchique is currently set at £125,000. This generous plot of 5,480 m² not only offers ample space but also enjoys beautiful countryside vistas. With previously approved plans for a two-bedroom house, the potential for your dream home is significant. The location is ideal, just 10 km from the town itself and 37 km from the picturesque beaches, blending rural charm with coastal access. Mains electricity and a licensed borehole are already installed, making it an attractive option for builders and investors alike. The area is known for its low fire risk due to surrounding agricultural land, providing peace of mind. Additionally, you will have direct road access, facilitating easy transportation to nearby amenities. Considering the growing interest in Algarve's real estate, investing in this plot could yield great returns. Don't miss this opportunity; get in touch to learn more about purchasing this plot today!

Usage
Residential
Type
Plot
Town
Monchique
Parish
Alferce
Municipality
Monchique, Faro
Region
Algarve (West)
Living Area
121 m²
Usable area
121 m²
Plot Area
5.480 m²
Tarmac, Driveway, Turning Space
Countryside View, Hill view
Building Plots
• 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
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