Land for sale

€1,500,000 - Monchique Faro

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Details

Neighborhood: Monchique
Baths: 0
Price: €1,500,000
Status: Available
Internal Reference No.: GHFM-T4135
Area: 115,360 m2

Overview

Land with 4 ruins, 11.53 Ha, located at the summit of Picota and with the possibility of building a luxury Tourist Resort and / or Cable Car with Panoramic Restaurant

Feasible Projects (granted by the municipality):

- HOTEL UNIT WITH CAPACITY FOR 78 BEDROOMS, designed in a harmonious way, as an integral element of the natural landscape;
- THE CABLE CAR connecting the summit of PICOTA to the center of MONCHIQUE.

Detailed information on request.

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Land Monchique