The Algarve presents numerous investment opportunities for plots, particularly for those considering land near Monchique. This 5,480 m² country plot is listed at £125,000 and has significant potential for capital appreciation, especially with its picturesque countryside views and proximity to major amenities. Previously approved plans for a two-bedroom house, which can be reapplied for, make it a flexible option for seasoned developers or first-time builders. The plot's location just 10 km from Monchique and 37 km from the coast ensures that it combines rural tranquillity with easy access to beach life. Investors will appreciate the existing infrastructure, including mains electricity and a licensed borehole, enhancing the feasibility of future construction projects. Furthermore, with Algarve's desirable climate and growing tourism, this plot not only serves as a perfect personal retreat but also as a viable rental investment. Explore this opportunity further—contact us now to discuss the potential!
• 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
