Monchique, Faro, Address available on request

bedrooms 4
bathrooms 2
|Land
INR ₹92,797,781
EUR €1,050,000
Published on: 07 Sep 2024
Last updated on: 23 Nov 2024
Monchique, Algarve
Monchique, Algarve
Monchique, Algarve
+24
Monchique, Algarve
  • 24
Property ID: 120094417870
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Monchique, Algarve
We present you this property that offers nature and well-being. With almost 13 hectares of land, this is an opportunity for those looking for space, natural resources and investment potential.
With two water springs, one of which supports the entire land and houses through pipes connected to a reservoir. There is also a water hole for constant supply. The land is home to a variety of trees, including eucalyptus, cork oaks, strawberry trees, fig trees, olive trees, and lemon trees. 

This set of buildings includes six houses, four of which need total rehabilitation. The main house, built in 1891 with local stone and in good condition, with four bedrooms, a bathroom, living room, dining room and kitchen with wood burning stove. There is also a two-story house on the upper floor and an annex with a living room and bathroom in the basement.

Four water tanks are supported by the stream that runs through the entire land, offering an additional source of water.
With development potential, in addition to its natural beauty, this property has potential for rural tourism. With the houses you can rehabilitate and a peaceful environment, it is the perfect place for those looking for a getaway in the middle of nature where you can only hear the chirping of birds and the water of the river running.

And yet, if you want to make a stable return over the years, this property offers, every 9 years, you can expect a production of 800 arrobas of cork. Every 10 years, eucalyptus wood yields 300 esters. In addition, there is an annual production of 1 ton of arbutus.

Monchique where the serenity of nature meets the charm of local culture. Nestled among majestic mountains and greenery, a hidden gem that offers a unique and authentic experience for all who visit.
Discover Monchique's rich cultural heritage as you explore its picturesque villages, where traditional architecture blends harmoniously with the surrounding countryside, 35 km's from the most beautiful beaches in the Algarve. 

This is a solid opportunity for investors or those looking for a rural lifestyle. for more information and to schedule a visit!

Property Details

Basic Info

Property Type
Land
Land Size
18,298.65 sq ft
Building Size
5,381.96 sq ft
Rooms
4 bedroom(s), 2 bathroom(s)
Address
Monchique, Faro, Address available on request
Contact Agent
Leandro Palma
Realtyart- Medi. Imobiliária, Sa
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      Property ID: 120094417870

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