Exceptional plot with Sea views in Algarve, Monchique. Ruins and potential for touristic project
215m2 115360m2
€ 690.000
Monchique | EAV-3710
Private Area:
215 m2
Size of plot:
115360 m2
Gross Construction Area:
m2
Bedrooms:
0
Bathrooms:
0
Energy Efficiency:
Construction year:

property description

This property is synonymous of exclusivity 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 of Turismo em Espaco Rural can be accepted or minimum 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.

Distances

West coast 42 km

South coast 29 km

Faro Airport 90 km

* PDM of Camara de Monchique regulates any additional construction.

PROPERTY FEATURES

DRIVING DISTANCES


10 mins

40 mins

25 mins

10 mins

10 mins

90 mins

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