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€1,400,000 EUR

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Ref 2108197 | Almancil, Faro | Land

Currency services provided by PureFX 1,400,000 EUR  |  Approx.£1,205,540 GBP  |  Approx. US$1,498,280 USD
Almancil, Almancil, Faro
  • Type: Land
  • Location: Almancil
  • Province: Faro
  • Country: Portugal
  • Bedrooms: 0
  • Bathrooms: 0

A rare opportunity to acquire a cluster of prime development plots that would provide a stunning setting for individual luxury dwellings. Located 15 minutes from the historical town of Monchique, this is possibly the most picturesque area of the Algarve. A well maintained but winding road through the Monchique mountains provides fabulous views and gives a taste of what to expect when you arrive at this exquisite secluded location. Central to the plots lies a habitable three bedroom villa that is currently providing seasonal rental income to the owners. The property has potential for refurbishment and with clever design could be extended by utilising the adjoining ruin and plot. Access to the ten hectares of available land is via a secondary lane bordered with eucalyptus and other indigenous vegetation. This location would be ideal for a tranquil holiday retreat, a centre specialising in holistic therapies or a hub for nature lovers, or adventure getaways. This undisturbed region offers serenity and calm amongst the spectacular heights and backdrop of forests, natural springs and breathtaking countryside. The individual plots can be briefly described as follows: Plot 1 is of 3000sqm, includes a habitable three bedroom traditional Portuguese single storey villa and enjoys south facing views. Whilst some refurbishment might be preferred, the dwelling is in perfectly acceptable condition for comfortable living. The kitchen is fully equipped with a gas oven, granite worktops, fridge freezer and microwave. A separate utility room includes a washing machine, tumble dryer, wash basin and toilet. The lounge benefits from a fire place with a wood burning stove and high ceiling. The two double bedrooms incorporate built-in wardrobes, traditional Portuguese features and views to the open countryside. The third bedroom could alternatively be used as a study to provide for any home office requirements. The large main family bathroom is of modern design with a bath/shower, wash basin, toilet and bidet. Outside, the villa boasts a fabulous decking area with a pergola, eating area and a Jacuzzi which is perfectly positioned for enjoyment of the scenery on warm summer days, or clear starlit nights. The plot has the advantage of a registered borehole providing an unlimited supply of water, free of charge. Asking 375,000 EURO Plot 2 has 7,600sqm of undulating land and includes a south facing ruin with its own borehole. There is the possibility to build a villa of 250sqm, subject to normal planning consent. Priced at 200,000 EURO Plot 3 is of 55,880 sqm with a project approved (complete with all of the architectural plans) to build a contemporary design villa of 250 sqm. The plot has the benefit of a small dam and natural spring and the villa will be south-east facing. Asking price of 375,000 EURO Plot 4 is south facing, of 7,200 sqm, complete with a water mine and a ruin offering the potential for a 240sqm dwelling. Asking price of 150,000 EURO Plot 5 is of 8,560 sqm with a ruin. It has the potential to build a west facing villa of 250sqm, which will enjoy the fabulous Algarvian sunsets. Priced at 125,000 EURO Plot 6 has 13,240 sqm of land including a forest of eucalyptus trees and a natural spring. It has the potential to construct a new property of up to 250sqm on the site of the existing ruin and is also west facing. Priced at 200,000 EURO Six plots to be sold as a whole, or individually Dramatic scenery in a secluded countryside location Short drive to amenities Development potential for individual retreats or a holiday village Traditional habitable villa available Plot with an approved project for a contemporary villa available Option to buy plots separately from 125,000 EURO Total plot size = 95,480sqm Spectacular countryside views Short drive to amenities

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