€595,000
A plot of land with a ruin is situated in Sítio das Ventosas, Portimão, Algarve, covering an area of 29 hectares. The ruin has a gross construction area of 200 square metres. The property includes two lagoons, one of which is 3,500 square metres designated for agricultural use, and the other is 1,200 square metres located beside the ruin. A water well drilling license is also available.
There are several options for developing the land. Restoration of the ruin could create a residential space with views and access to the lagoon. Alternatively, the land could be divided into four separate plots. The first plot allows for significant construction, while the smaller plots could be used for agriculture or tourism. An approved project for cultivating 4,318 carob trees is already in place, featuring an automated irrigation system and energy solutions. The property is conveniently located within driving distance to local amenities and airports.
The information provided on this webpage has been obtained from sources believed reliable, this may be subject to errors, change of price, prior sale, or withdrawal without notice. Fine Luxury Property Ltd®, it’s partners and collaborators do not guarantee the accuracy of any information contained on our websites.
Property on Map
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