Investing in land near the south coast beaches of Algarve brings an array of benefits, especially with this 5480m² plot priced at £125,000. The combination of proximity to the breathtaking coastline and the serenity of the countryside makes it a highly sought-after investment opportunity.
Located a convenient 37km from the south coast beaches, this plot offers the perfect retreat for those longing for relaxation yet desirous of nature's tranquility. The previous approved plans for a two-bedroom house lend credence to the property's potential for future development and personalisation, combining immediate enjoyment with long-term growth.
Features like the licensed borehole and mains electricity mean you can develop your ideal home while maintaining a connection to essential utilities. The fertile land also allows for extensive gardening and outdoor projects, attracting buyers who appreciate sustainable living.
Accessibility is another advantage, with easy access from the road and a mere 10-minute drive to Monchique for all local amenities, including fresh markets and restaurants. The elevated position ensures all-day sunshine, a significant plus in the Algarve climate.
Ultimately, the landscape around your investment enhances not only its aesthetic value but also its potential for appreciation. If you're looking for a plot that marries convenience with natural beauty, don't hesitate to reach out!
• 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