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What are the best investment options for a stone farmhouse with land in Lagos?

House in Mexilhoeira Grande

ref. LE2255
540.000€
  • NA
  • 3
  • 218m2
  • 67.160m2
  • Farm

Investing in this stone farmhouse situated in Mexilhoeira Grande is an exceptional opportunity, combining land for agriculture with residential potential. Priced at €540,000, this property rests on a generous plot of 6.716 hectares with a thriving orange grove generating income year-round. Perfect for buyers looking to start a farming venture, the surroundings boast ample space for various crops or additional livestock. The farmhouse itself boasts three bedrooms and several outbuildings, enhancing its attractiveness as both a home and a business. With the coastline just 11 km away, this property offers the remarkable balance of rural life and beach access. Additional features include a functioning irrigation system and the warmth of a fireplace, ready for renovation to suit personal tastes. The location benefits from proximity to local amenities, ensuring modern conveniences while maintaining a serene environment. Explore this prime investment opportunity in the Algarve as it caters perfectly to those desiring an agricultural lifestyle with excellent growth potential. Reach out to us today to learn more!

Usage
Residential
Type
House
Town
Mexilhoeira Grande
Parish
Mexilhoeira Grande
Municipality
Portimão, Faro
Region
Algarve (West)
Construction Year
1951
Rooms
6
Bedrooms
3
Floors
1
Living Area
218 m²
Usable area
498 m²
Plot Area
67.160 m²
Country Road, Driveway
Parking outdoors
Lounge/Dining
Terraces
Own Entrance, Rustic
Natural, Walled, Auto irrigation, Fruit Trees
Orchard
Countryside View
• 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
Enquire Now   +