€34,900

House to renovate for sale, located in the picturesque Algarve village of Cerro da Vinha de Baixo, in Pereiro, municipality of Alcoutim. The land comprises a total area of 154 sq.m, with a building of 80 sq.m. and an outdoor space of 74 sq.m.. The land is composed with 1 ruin with several compartments and a patio. Ready to build. The land has mains water and electricity. Located in the middle of nature, with fruit trees such as almond and fig trees. Quiet, peaceful area with privacy and views of the countryside. Located 16 km from the town of Alcoutim, 30 min. from the city of Spain, 34 min. from the Algarve beaches and 1h10 from Faro airport. Excellent investment opportunity to build your home, whether for permanent residence, holidays or to generate income. This could be your refuge in the middle of the Algarve mountains. Schedule your visit and enjoy the best that the Eastern Algarve has to offer.