€229,000

House for sale Monchique
Property photo number 1 of 8 Photos for Property. File  105628479_2345_becadbeb79787c6ef063fccaf24283dc.jpeg

Overview

SUMMARY: Discover an opportunity with this Monchique house for sale and available for €229,000. This could be your next ideal home or a smart investment. More details await.

An investment opportunity comprising a property of approximately 10 hectares located in Três Figos, Marmelete (Monchique municipality). Set amidst a tranquil, natural landscape, the property features an existing building registered as an urban property. Its characteristics make it particularly attractive for developing a nature-oriented tourism projectsuch as rural tourism or a retreatsubject, of course, to zoning regulations and approvals from the relevant authorities. KEY FEATURES Approximate total area: 10 hectares Existing building/ruin: 127.5 m² Large-scale property with a natural, scenic setting Potential for value appreciation through the renovation and integration of the existing structure Possibility of exploring a low-density, nature-integrated tourism concept, subject to applicable zoning feasibility. TOURISM POTENTIAL The property's size and location create excellent conditions for exploring a project tailored to the growing market for nature-based tourism and experiential travel. Concepts that could be explored include: Rural tourism and tourist accommodation Nature retreats and wellness Eco-tourism / nature-based hospitality Low-density accommodation units Corporate or wellness retreats Tourism projects linked to outdoor activities Its proximity to the Monchique Mountains and the Western Algarve, combined with the land's tranquility and scale, allows for the envisioning of a distinctive tourism conceptone that moves away from the traditional model of large coastal developments. Approximately 10 hectares + urban property registration + existing building + potential for a nature-oriented tourism concept. An opportunity for investors, developers, or tourism operators seeking a substantial property in the Algarve to develop a unique project set amidst nature and privacy. #ref:RP MON 101 - RP MON 101 - R & P Partners

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Details

  • Beds: 0
  • Baths: 0
  • Price: €229,000
  • Reference No.: 198869097
  • Area: 127 m2

Location

Marketed by:

  • R & P Partners
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