Monchique, Faro

Land/Development
INR ₹530,641,642
EUR €6,000,000
Published on: 11 Jul 2024
Last updated on: 25 Nov 2024
Monchique, Algarve
Monchique, Algarve
Monchique, Algarve
+18
Monchique, Algarve
  • 18
Property ID: 120093122156
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Key property information

Land Size
1,076,391.04 sq ft
Floor Area
42,981,661.28 sq ft
Monchique, Algarve
Land with 121Ha in Monchique, Caldas de MonchiqueThe land corresponds to a single cadastral parcel located in the municipality and parish of Monchique with a declared global soil area of 121, 712 ha and designated by ALCARIA.The name ALCARIA derives from Arabic - country house or farm and was formerly called ALCARIA DO BANHO due to the fact that one of the property's water courses, by this name, is part of the streams that supply the MONCHIQUE CALDAS TERMINAL STATION, the quias partially confine with property.The parcel under review is located in the municipality of Monchique about 5 kilometers to the south and lies to the west of the site of CALDAS DE MONCHIQUE. From the place to the center of Portimo it is necessary to travel along the EN266 for almost 20 kilometers, about 15 kilometers from the Via do Infante (A22) node.The land also has good accessibility to the Costa Vicentina, just over 30 kilometers from the county seat of Aljezur. The place is characterized by an exceptional landscape quality, typical of the Algarve Mountains, in the transition from the Espinhao de Co Mountain Range to the Monchique Mountain Range, with the characteristic splendor of its geomorphology and fauna and flora.You can benefit from magnificent views, especially the Cerro da Arriqueta, where you have panoramic 360 views of long horizons, always with the sea in the background and / or a dynamic and accentuated relief. According to the information Camararia the parcel of land under analysis may have 200.000m2 for tourism development.The site has good characteristics for the development of a quality integrated tourism operation (at least 4 ) that is based essentially on the Algarve's cultural and traditional values and the enhancement of the natural and built heritage existing in the region. . In any case, the functional and proximity relationship with the previously mentioned MONCHIQUE CALDAS SPA, existing to the west of the land under analysis, as well as the forest occupation of production installed on the site (cork oaks, holm oaks, arbutus) should always be valued. and may even constitute additional profitability and complement to the tourist exploitation of the place. The tourist developments that will be installed on site should be guided by an excellent quality of service to users and should have a strong component of Health and Wellness Tourism, with specialization in the Geriatrics and natural products sector.

Property Details

Basic Info

Property Type
Land/Development
Land Size
1,076,391.04 sq ft
Address
Monchique, Faro
Contact Agent
Miguel Peixoto
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      Property ID: 120093122156

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