€680,000

Lagos Algarve

Overview

SUMMARY: Discover an opportunity with this Lagos house for sale and available for €680,000. This could be your next ideal home or a smart investment. More details await.

Come and see this Jewel in the heart of the Mud Valley (Odiaxere). Joint sale of three rustic plots with a total

area of 78,640 m2, fully fenced, with electricity and easy access. There is a registered water hole, and with several access points to this water source spread over the 3 lots, in one of the lots there is also a Nora and even access to canal water when available. This property includes approximately 1,000 carob trees which, once adult, can yield an
estimated annual gross income of 25,000 to 40,000, depending on the quality of the harvest, the market price (typically 0.50 to 0.80/kg), and the maturity of the tree. The carob tree is a low-maintenance, drought-resistant crop with strong local and export demand in Portugal and Spain, making it a highly attractive long-term agricultural investment. The land already has a comprehensive gravity irrigation network, consisting of: North-South drip lines every 8 meters East-West connection lines every ~100 meters Totaling approximately 12 to 14 linear kilometers of irrigation lines in the 7 hectares of planted area This configuration ensures full coverage, with efficient water distribution supported by the property's registered borehole, canal access and well a rare and valuable combination in the Algarve. There is a very well esteemed Mobile Shelter on Wheels, with an outdoor support bathroom. Several animal shelters made of wood, which may or may not be used for the same purpose. In a unique location and with a view of excellence, in an area that looks like an Oasis, at the end of the Lot passes one of the Connecting Channels to the Alvor River where direct access is achieved, until the creation of a small deck to dock a small boat. Magic Zones and their agents are available to help you acquire these unique lands. Book your visit now.

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Details

  • Beds: 0
  • Baths: 1
  • Price: €680,000
  • Internal Reference No.: T0500

Amenities

  • Home
    • Close to the beach
    • Central location
    • Energy Certificate: free

Location

Marketed by:

  • Zonas Mágicas
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  • +351 913 389 223
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