Investing in a vacant plot near Monchique offers numerous benefits, particularly with this exceptional property available for €125,000. Boasting stunning countryside views of the Serra de Monchique, this 5480m² plot is perfect for those looking to build a bespoke home in a tranquil setting. Previously approved plans for a two-bedroom house provide a head start for buyers wishing to develop their dream residence. The land comes equipped with mains electricity and a licensed borehole, making it ready for your future build. This area offers fertile soil, which is ideal for garden enthusiasts or those wanting to embrace an off-grid lifestyle. The plot is easily accessible with a driveway from the main road, allowing you to enjoy the peaceful countryside without isolation. The proximity to Monchique town means you'll have access to all local amenities, including fresh markets and restaurants, enhancing your living experience. Moreover, with the Algarve's beautiful beaches just 37km away, you can enjoy the best of both worlds. This land not only represents a place to live but also a unique investment opportunity in a sought-after location. Connect with us today to explore this investment 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
