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Excellent Investment Opportunity! Plot of land with 51,270 sqm consisting of a 52 m2 ruin and 2 windmills to renovate, located on a spectacular hilltop near the village of Porches and the Golden Beaches of the Algarve, with superb views overlooking the Algarvean Coast and Mountain views
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New Property
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  • Property typeVilla / House
  • Sale
    € 475.000
  • Area52 m² | 51270 m²
  • StatusFor Refurbishment
  • Construction1951
  • CountyFaro
  • TownLagoa (Algarve)
  • Parish
    Porches
  • REFSS-V1809
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52 m²
51270 m²
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Description

Excellent Investment Opportunity! Plot of land with 51,270 sqm consisting of a 52sqm ruin and 2 windmills to renovate, located on a spectacular hilltop near the village of Porches and the Golden Beaches of the Algarve, with superb views overlooking the Algarvean Coast and Mountain views.

Land with an area of 51,270 sqm, including a 55sqm ruin that can be extended and 2 windmills that can be restored for residential or rural tourism purposes.

The ruin and the 2 windmills are located in an elevated area, with good access and in a quiet countryside area surrounded by nature and with magnificent views to the sea.

In terms of the PDM (Municipal Master Plan), the land is classified as rustic and may be compatible with a construction of up to 2000 sqm for a Rural Tourism and Tourism Accommodation Project.

Mains water is close to the land and electricity is already available near the ruin.

Located only 5 minutes from the vilage of Porches, 5 minutes from several renowned golf courses, 15 minutes from national and international schools and 45 minutes from Faro International Airport, Algarve.

This plot of land can be sold together with the ref. V1807.

Photos

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Location

Porches, Lagoa (Algarve), Faro (Algarve)