This plot in Alferce, Monchique, offers numerous building possibilities, being a prime opportunity for investors and builders alike. Currently on the market for €125,000, the land spans 5480m² with previously approved plans for a two-bedroom house that may be reapplied for, offering flexibility in design. Located a mere 10 minutes from Monchique town, this area ensures access to essential amenities while maintaining a tranquil rural setting surrounded by scenic views. The plot benefits from mains electricity and a borehole, equipping it for self-sufficient living. Perfect for gardening enthusiasts, its fertile land and favourable orientation promise all-day sunshine. The property is uniquely positioned in a low fire risk area due to the surrounding medronho trees, making it a safe investment. With potential for future development in a rapidly appreciating location, this residential plot is truly a gem. Don’t miss the chance to explore building options here—contact us today to learn more!
• 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
