Mixed Real Estate

Faro, Monchique

Mixed Real Estate
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Mixed Real Estate, Faro, Monchique 298 000 € Ref: IN234226
91 m²
91 m²
6160 m²
INVESTMENT OPPORTUNITY | URBAN LAND WITH HIGH POTENTIAL IN MARMELETE, MONCHIQUE
Urban land of 6,160 m² | Ruin of 91.75 m² | New tiny house | Construction potential of up to 2,000 m²

A rare investment opportunity in the Algarve, in a privileged location between Monchique, Aljezur and Portimão, combining nature, panoramic views, excellent sun exposure and significant development potential.

Located in a tranquil and preserved environment, this property has 6,160 m² of urban land, with a ruin of approximately 91.75 m² and a new Tiny House of 27.8 m², ready to live in.

According to available urban planning information, the property has a construction potential of up to approximately 2,000 m², subject to approvals and licenses, opening up various possibilities for an investor or developer.

Development Potential

The size and urban classification of the property make it particularly interesting for different investment strategies, namely:

Development of a housing complex;
Rural tourism project;
Small tourism development integrated into the landscape;
Phased development of housing units;
Owner housing project associated with rental units;
Rehabilitation of the existing ruin and progressive enhancement of the property.

The possibility of development up to 2,000 m² should naturally be opened through prior information and/or project submitted to the competent authorities.

A privileged location

Located in Marmelete, municipality of Monchique, this property benefits from a strategic location between the interior of the Algarve mountains and the coast.

The setting allows for easy access to Monchique, Aljezur, and Portimão, while simultaneously providing the tranquility and privacy characteristic of the Monchique mountains.

The land boasts expansive views of the mountains and the sea, and excellent southern sun exposure, features particularly valued in residential and tourism projects.

Property Features
6,160 m² of urban land
Ruin with 91.75 m², with registered built area
New Tiny House with 27.8 m²
Advertised building potential up to 2,000 m², subject to approval
Panoramic views of the mountains and the sea
Excellent southern sun exposure
Access via paved road year-round
Public water supply
Installed septic tank
Connection to the electrical grid in process
Approximately 20 cork oak trees
Natural terraces
Existing water spring/mine on the property
Natural, private environment with high landscaping potential
Tiny House — Immediate Value

The property also includes a new Tiny House, with approximately 27.8 m², equipped and ready for immediate use.

This unit adds value to the property, allowing the future owner to enjoy the space from the first moment and, subject to the applicable legal framework, explore an income solution while developing a larger project. An opportunity to think long-term

More than just acquiring land, this is about acquiring a foundation for an investment project in the Algarve, combining urban land, existing construction, a new residential unit, natural resources, and a location with strong tourist appeal.

The combination of 6,160 m² of land, construction potential, sea and mountain views, southern orientation, and proximity to various points of interest in the Algarve makes this property especially attractive to investors, developers, and tour operators seeking a distinctive project.

A property with the scale, location, and potential to create a unique project between the mountains and the sea.
Property Type Mixed Real Estate
Typology 0 Bedrooms
Objective Sell
Condition To be recovered
Price 298 000 €
Year of Construction N/A
Country Portugal
District Faro
County Monchique
Parish Marmelete
Zone N/A
Valdemar Fonseca
Valdemar Fonseca
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