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Plot for sale

Monchique, Algarve, Portugal

£591,310 *  [€690,000]

Plot for sale

Monchique, Algarve, Portugal

£591,310 *  [€690,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 115360 m2
  • Habitable space: 215 m2

Features


  • Driving distances in minutes/Town: 10
  • Driving distances in minutes/Beach: 40
  • Driving distances in minutes/Golf: 25
  • Driving distances in minutes/Restaurants & bars: 10
  • Driving distances in minutes/Shops: 10
  • Driving distances in minutes/Airport: 90

Full Description


This property is synonymous of exclusivity and privacy. Situated on the top of the Picota Mountain at an altitude of 750m above sea level, located in the Algarve, Monchique. Consists of 11 hectares of land and ruins, facing south. The property has stunning sea views spreading from Quarteira, over Sagres to the Alentejo. There are numerous natural springs and small rivers. There are three separate roads giving close access to the property.  There are many flat terraces for small scale agriculture and a few hectares of mature eucalyptus. Several ruins can be rebuilt and potentially extended. Applications for the project of Turismo em Espaco Rural can be accepted or minimum three-star hotel with a maximum of 132 beds.*

Monchique, 5km away, is a promising village with many natural resources. It is known for its water manufacture with alkaline water of high pH 9.5, which prevents cancer and heart diseases. 

The place is known for walking paths, viewpoint, flora and fauna observation, and meditation place.

The land is a very important area for the region, so it is possible to apply for grants for tourism development and environmental protection. 

Despite the unquestionable value of this property, the price is negotiable.

Distances

West coast 42 km

South coast 29 km

Faro Airport 90 km

* PDM of Camara de Monchique regulates any additional construction.

Map may not show exact location

This property listing (ref: EAV-3710) is an advertisement supplied by Exclusive Algarve Villas and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.857 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.