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Why is investing in land near the Algarve a good opportunity?

Plot in Ourique

ref. AT2086
700.000€ 650.000€
  • NA
  • 558.000m2
  • Building Plot

Investing in land near the Algarve is a strong opportunity, especially with this 558,000 m² plot available for €650,000. Located near Ourique, this land offers significant potential for agricultural use or building projects, thanks to its two wells and fertile soil. With panoramic views and easy access to local amenities, this plot is perfect for buyers looking to establish an agro-tourism business or a peaceful retreat. The vibrant town of Ourique is conveniently located just 4 km away, providing shops, restaurants, and a wonderful community atmosphere. With stunning beaches just 65 km away at Vila Nova de Milfontes, this property promises both natural beauty and investment potential. Transportation links to major cities like Lisbon and Faro ensure accessibility for visitors. The serene landscape, combined with the flexibility of creating two plots, makes this an attractive option for investors. Don’t miss the chance to seize this opportunity; contact us today to learn more!

Usage
Residential
Type
Plot
Town
Ourique
Parish
Ourique
Municipality
Ourique, Beja
Region
Alentejo (Central)
Plot Area
558.000 m²
Tarmac, Manual Entrance Gate
Mains electric, 2 Wells
Countryside View, Panoramic View
Building Plots
• Plot size 558000m²
• Many holm oaks and fertile land
• Water from two wells
• Easy access on a tarmac road
• Electricity and phone lines very close by so will be easy to connect
• The price includes the plot but not the construction of the building
• 65km to the beach at Vila Nova de Milfontes

This beautiful plot of land in the lower Alentejo is divided into two parts by the road giving the possibility to make two separate plots. Because the land is larger than 5ha the town hall has said that a house could be built if the property was being used for some type of agriculture, keeping sheep or planting produce for example. It is likely also that permission could be obtained to do an agro-tourism project.

There is a well with abundant water on the 11ha part of the plot and another well which gives enough water for a household on the larger plot.

If a new owner wished to separate the two plots, then the possibility is that a house could be built on each one. This must be verified with the town hall.

The town of Ourique is close by and has restaurants, cafés, shops, supermarkets, banks, post office, church, school, etc.

Amenities

• Wells

Location

4km to Ourique with all amenities
65km to the beach at Vila Nova de Milfontes
190km to Lisbon
100km to Faro airport
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