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Villa for sale

Algoz, Algarve, Portugal

£509,243 *  [€595,000]

Villa for sale

Algoz, Algarve, Portugal

£509,243 *  [€595,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 21720 m2
  • Habitable space: 120 m2

Features


  • Energy Certificate: free

Full Description


In the current set-up, we are dealing with 2 large parcels of land with a residential zoning, professional greenhouses, business equipment, machinery, two existing ruins and a staff house. All provided with the necessary facilities.

The plots are adjacent and the ruins are right next to each other, giving you more opportunities for building development. So you can build two houses back on this spot anyway, but you can also choose to build one large villa.

With a project you may also be able to build a small condominium, up to a total of 600m2 of living space.

The current business is a nursery of succulents, but before that it was a soft fruit nursery. Think raspberries, strawberries and blackberries.

Plot 1
The largest plot is 21,120 M2 in size. There is now a ruin of 88 M2 which is registered as a 2 bedroom house with residential license. On this plot are also the greenhouses of no less than 6000m2 and 4000m2.

These are professional greenhouses with a high quality aluminum frame and have a height of 4 meters, so you can easily maneuver even with machines inside. Both greenhouses are now only 11 years old and have a new value of at least 250,000.

Plot 2
The second plot is 600m2 and there is now a ruin of 70m2 which is registered as a 1 bedroom house. The ruin is therefore adjacent to the ruin of Plot 1. This provides many opportunities for the reconstruction of a luxury home at this location.

Due to its elevated position in relation to the immediate surroundings, this location offers fantastic unobstructed views all around.

Worker's house
On the terrain there is a third house, this is a wooden construction that in Portugal is called an 'Apoio'. Here live the workers who work in the nursery. It is a registered 2 bedroom house, of 70 m2, complete with kitchen and bathroom.

The property has access to sufficient water through two different water systems. The base is a well (with licence) that provides water all year round, even in the dry summer months. In addition, there is an underground water basin (cisterna) with a capacity of 20,000 litres.

In short, an exceptional opportunity for those who are looking for a unique possibility to develop houses in a good location. For those who think in terms of possibilities.

- Plot of over 21,000 m2
- Build up to 600 m2.
- 360 Degree views
- Centrally located - REF: ST1670

Map may not show exact location