Investing in a property with agricultural potential in Lagos has never been easier with this charming farmhouse in Mexilhoeira Grande. Priced at €540,000, it boasts 6.716 hectares of fertile land, ideal for anyone looking to start an agricultural venture. Featuring a profitable orange grove, the farm currently generates revenue which can assist in offsetting costs, making it a wise investment choice. The stone farmhouse comprises three ample bedrooms and multiple outbuildings suitable for livestock or farming equipment. Located just a short 10 km drive from Portimão and 11 km from beautiful beaches, this property merges rural living with accessibility to urban conveniences. Investors can take advantage of the existing irrigation systems and natural streams on-site, enhancing agricultural operations. The surrounding area promotes an off-grid lifestyle filled with fresh produce opportunities, ideal for organic farming enthusiasts. With the potential for diverse crops, including olives and citrus, it offers a versatile platform for sustainable farming. Don’t miss the chance to secure a prosperous investment in this stunning Algarve setting!
• Living area from 218 m²
• Total construction area 498 m²
• Plot area 6.716 hectares
• 3 bedrooms
• Located in Mexilhoeira Grande
• 11km from the coast
This uniquely large farmhouse proudly sits within 6.716 hectares of land, bearing various fruit trees including olive, almonds, various citrus, and of course oranges. This stone farmhouse has 6 rooms and various outbuildings for livestock and agricultural equipment. There is a stream which borders two sides of this vast plot which elevates to a ruin of 102m² with sea views from the very top.
The orange orchard is still supplying revenue for the vendors and the business would make an option for an organic, off grid, lifestyle.
The property consist of:
Ground floor:
• Open living and dining area
• Separate kitchen
• 3 additional rooms
Outside:
• Stone warehouse
• Stone animal building
• Irrigation system
• Fully walled/fenced land
Amenities
• Borehole
• Stream
• Fruit trees
Location
• 11 km from the beach (Alvor)
• 10 km to Portimão
• 4,8 km to nearest golf course (Penina)
• 3,1 km to nearest school
• 74,5 km to Faro Airport