€850,000

An exceptionally large property, with 112,500 m² of land, located in Porches, in the municipality of Lagoa, in a peaceful setting of great natural beauty in the Algarve.

The property includes a single-family, single-story house —currently in ruins—set in a setting of complete privacy, surrounded by olive, carob, and pine trees, and benefiting from excellent sunlight exposure, as well as its own borehole and well.

With remarkable development potential, the property previously had an approved plan for a luxury home with a swimming pool and perimeter walls. There is also the possibility of expanding the existing structure, subject to the necessary approvals, as well as potential for a rural tourism project, with an estimated living area of approximately 2,000 m² and 500 m² of support areas, also contingent upon the respective permits and approvals.

A unique property that combines scale, privacy, water resources, and natural surroundings, offering multiple possibilities for development, whether as a private residence, a tourism project, or an investment opportunity. The location is equally prime, just a few minutes from Lagoa, the International School, and the iconic beaches of Marinha and Benagil, and about 50 minutes from Faro International Airport.

A rare opportunity in the Algarve for those seeking a large-scale property with strong potential and an exceptional location, close to the sea, the beaches, and key amenities. All possibilities for construction, expansion, or development are subject to permits, opinions, and approvals from the relevant authorities.

CHARACTERISTICS:
Plot Area: 112 500 ^m2 1 210 940 ^{sq ft}
Area: 84 ^m2 904 ^{sq ft}
Energy efficiency: Free

Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie´s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina.

LIc AMI 9063