Reduced by more than 100.000 euros from 350.000. Only minutes from the beautiful beach at Vale Figueiras this is a rare opportunity to invest in the heart of the Costa Vicentina. Nearly 3,000 mtrs of urbanized land within the tiny hamlet of Monte Novo tucked away in the middle of the Natural Park.

The land has a lapsed project to build a small Rural Tourism development of two small apartment buildings, one of 3 x T0, the other 4 x T0 along with communal pool, parking and service building. Mains water and electric are to the land but not connected.

The owner is offering the property for sale with the guarantee that this project can and will be resubmitted and accepted, or to personally facilitate the re-submission of an alternative project to build up to 800 mtrs construction area.

Current planning rules would permit either a residential project application and or a Rural Tourism project of up to 7 - 8 T0s
A fantastic Rural Tourism opportunity in a beautiful location. - REF: RC139