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Monchique Development Opportunity

Monchique Development OpportunityFor Sale by the owner is this 13 hectare Monchique plot with potential development of two existing properties, or new builds of up to 250 square metres each.

Set in an area of outstanding natural beauty, this 130,000 square metre plot (approx.), including just under 20,000 square metres of terraced agricultural land, has two ruins for development.

This is an amazing opportunity to own a large parcel of land with good smallholding potential and two properties for development in an area of outstanding natural beauty.

Monchique and Foia are a major draw for tourists in the Algarve, and so a tourism project is also a possibility. The current plans with the Council allow for two large houses: one intended by the current owner as residential and the second as a holiday rental property to generate income.

For more information and photos please CLICK HERE.

E: millfields@mail.com
T:  967 318 075
W: http://monchique-foia.weebly.com

13 hectare Monchique plot with potential development of two existing properties, or new builds of up to 250 square metres each.

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