Plot of land for sale in the popular tourist area of Monchique, Algarve. Potential for realization of tourist projects.
€ 690.000
Monchique | BPP-3709
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MAIN FEATURES

Size of plot: 96880m2

property description

High potential is the right word for this plot located in Monchique in the Algarve, in the south of Portugal. The land is 800 meters above sea level and overlooks the entire Algarve. It is located on a south-facing slope. There are many water sources, including Fonte Santa, a famous tourist attraction. The plot also has flat land ideal for agriculture. Not far from the plot is the national highway 125 leading to Mount Foia, the highest peak in the Algarve. Tourist traffic is high throughout the year. There are several parking lots to accommodate tourists. The area is also suitable for building subject to approval by the local council. Applications are accepted for the construction of *(TER) Turismo em Espaco Rural (500 m2 for accommodation and 2000 m2 for other uses) or hotels with a minimum 3 star rating. The maximum number of beds allowed is 108.

In the past, a hotel with a building permit for 50 rooms and 5,000 m2 (Pedido de Informação Prévia (PIP)) has been approved.

The area is marked on maps of cycling, hiking and biking routes. Many tourists are attracted by the stunning scenery and water.

The nearest essentials including grocery stores, pharmacies, doctors, fire stations, gas stations and schools are within 6 km of the home.

Distance to airport 90 km

Distance to beach 32 km

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PROPERTY FEATURES

DRIVING DISTANCES


8 mins

40 mins

30 mins

2 mins

8 mins

90 mins
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