Property photos
£579,733
€690,000 (€298/sq. ft)
Land for sale
8550 Monchique, Portugal2,314 sq. ft
Local area information
Property location
This location is approximate only. Contact the agent for the exact address.
Nearby amenities
Features and description
- 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
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.DistancesWest coast 42 kmSouth coast 29 kmFaro Airport 90 km* pdm of Camara de Monchique regulates any additional construction.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Exclusive Algarve Villas
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Property descriptions and related information displayed on this page are marketing materials provided by - Exclusive Algarve Villas. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Exclusive Algarve Villas for full details and further information.