The cost of building a two-bedroom house on a 5,480 m² plot near Monchique can vary, but investing in this serene location starts at €125,000 for the land alone. Previously approved plans for a construction size of 121 m² with the potential to extend up to 240 m² offer flexibility in design for buyers looking to maximise their investment. The infrastructure is already in place, with mains electricity and a borehole to ease the construction process. As a buyer, you would need to reapply for building approval, but the historical plans provide a robust framework to follow. The landscape is stunning, featuring views of the Serra de Monchique, which enhances the desirability and investment potential of the property. Situated within a 10-minute drive to Monchique town, the plot is conveniently connected while maintaining a relaxing rural atmosphere. Enjoy ample sunshine, fertile soil for gardening, and a community that values nature and eco-friendly living. This area is perfect for building your dream home or a profitable rental property. Explore your options today and discover the possibilities this plot holds—contact us 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
