Considering investing in a peaceful plot with mountain views in Algarve? Look no further than this stunning property located near Monchique. This 5480m² plot not only offers breathtaking views of the surrounding countryside but also comes with previously approved plans for a two-bedroom home. Priced at €125,000, this investment presents an exceptional opportunity for buyers looking to secure a tranquil lifestyle while remaining close to essential amenities, just 10 minutes away in Monchique. With mains electricity and a licensed borehole already established, this plot stands out as a practical option for potential homeowners. The fertile land of this property offers versatility, with no fire risks due to its agricultural surroundings and ample natural light all day long. Further, the south coast beaches are within a 37km drive, providing a compact lifestyle balancing mountain serenity with coastal activities. Buyers can expect strong returns on investment through potential rentals in this sought-after region. It's a fantastic choice for anyone wanting to create a unique haven amidst the beauty of the Algarve. Don't miss out - reach out today to start your investment journey!
• 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
