Investing in this rural plot in the Algarve is straightforward for serious buyers seeking a peaceful escape. Priced at €125,000, this plot near Monchique boasts breathtaking views over the Serra de Monchique, perfect for building a dream home. With a sizeable area of 5480m², including previously approved construction plans for a two-bedroom house, potential owners can easily envision their ideal off-grid lifestyle. Just 10 km away from the conveniences of Monchique, benefits include easy access to a variety of local amenities and vibrant community life. The plot features important utilities such as mains electricity and a licensed borehole, making it ready for development. Situated in a low fire-risk zone, surrounded by agricultural land, this location is perfect for gardening enthusiasts and nature lovers alike. Whether for personal use or future rental potential, this plot promises a great investment opportunity. Don’t hesitate—reach out now to explore this remarkable property further!
• Plot size 5480m²
• Previously approved construction size 121m² with option for 240m² with basement
• The price includes the plot only, not the construction of the building
• Licensed borehole in place
• Mains electricity in place
• Licensed within the building plan to install a septic tank -this would need to be reapplied for
• Easy access with a driveway from the road
• 37km to south coast beaches
This plot is fertile with large flat terraces. The ruin faces east in an elevated position giving all day sunshine. As the plot is surrounded by agricultural land with medronho trees it is a low fire risk area.
It can be reached from two different directions and is only about a 10-minute drive to the town.
Plans of the lapsed construction approval are available but as a new owner would have to reapply it is a good opportunity to change the design if required.
Please note that while it is very likely to get plans approved it is not guaranteed. An interested person would have to check with the town hall.
Amenities
• Mains Electricity
• Borehole
Location
10km to Monchique with all amenities including fresh market and restaurants
37km to south coast beaches
32km to golf course
87km to Faro airport
