Investing in a 5480m² plot near Monchique with access to mains electricity is an exceptional opportunity for prospective property owners. Priced at €125,000, this plot offers incredible value for those looking to create their dream home in the scenic beauty of the Algarve. Set in a tranquil countryside location, it promises both privacy and convenience just 10 minutes from the town.
Access to mains electricity and a licensed borehole simplifies the process of off-grid living, allowing for a multitude of sustainable living options. The fertile land is characterised by large flat terraces, making it perfect for gardening enthusiasts who wish to grow their own produce.
Previously approved plans for a two-bedroom house provide a starting point for anyone eager to design a space that complements their lifestyle. The area is surrounded by agricultural land, significantly reducing fire risk and ensuring a safe environment.
With nearby landmarks and attractions, including stunning beaches just 37 km away and a golf course within easy reach, this plot is an ideal investment for residential purposes or for rental potential.
Imagine waking up every day to the beautiful countryside views of the Serra de Monchique! This is not just a plot of land; it’s the beginning of a rewarding lifestyle investment. Don’t hesitate—contact us now to schedule a viewing and take the first step towards realising your dream!
• 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
