LandMonchique (Portugal)
Price :
$732,500
Surface215 m²

This property is synonymous ofexclusivity and privacy. Situated on the top of the Picota Mountain at an altitude of 750m above sea level,located in the Algarve, Monchique.Consists of 11 hectares of land and ruins, facing south. The property has stunning sea views spreading from Quarteira, over Sagres to the Alentejo. There are numerous natural springs and small rivers. There are three separate roads giving close access to the property. There are many flat terraces for small scale agriculture and a few hectares of mature eucalyptus. Several ruins can be rebuilt and potentially extended. Applications for the project ofTurismo em Espaco Ruralcan beaccepted orminimum three-star hotel with a maximum of 132 beds.*Monchique, 5km away, is a promising village with many natural resources. It is known for its water manufacture with alkaline water of high pH 9.5, which prevents cancer and heart diseases.The place is known for walking paths, viewpoint, flora and fauna observation, and meditation place.The land is a very important area for the region, so it is possible to apply for grants for tourism development and environmental protection.Despite the unquestionable value of this property, the price is negotiable.DistancesWest coast 42 kmSouth coast 29 kmFaro Airport 90 km* PDM of Camara de Monchique regulates any additional construction.

Advertiser reference : EAV-3710Le Figaro Properties reference : 62775856

In detail

Land Monchique (Portugal)

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Rua Ernesto Cabrita - Edificio Vales, Loja - A 8400 Lagoa (Portugal) All the listings of this agency

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Localisation of this land

Monchique (Portugal)

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Land Monchique (Portugal)

High potencial is best titel for that property located in Monchique, Algarve, south Portugal. The land is 800 metres above sea level and gieves great views on all Algavre. It is situated on a south-facing slope. There are numerous water sources, including the well known tourist destination of Fonte Santa. The land includes some flat areas ideal for agriculture. The plot is close to the National Road 125, which leads to the peak of the Algarve - the Foia Mountain. There is a lot of tourist traffic during the whole year. There are numerous car parking facilities available to accommodate tourists. In addition, the area is suitable for building, after the project has been approved by the local council. Applications are accepted for * (TER) Turismo em Espaco Rural (500 m2 for residential use and 2000 m2 for other uses) or a hotel with a minimum rating of three stars. The maximum number of beds that would be allowed is 108.In the past was approved (PIP) Pedido de Informação Prévia, to build hotel with 50 rooms and construction permission 5 000 m2.The locality is marked on a map of cycling, walking and motorbike routes. Many tourists are attracted to the area by the stunning views and the water.The nearest essential services, including a grocery store, pharmacy, doctors, fire department, petrol station and school, are in6km from the property.Distance form airport 90 kmDistance to the beach 32 km

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