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Algarve, Quarteira, Portugal

€1,695,000
IAD, Porto
PROPERTY TYPE

Land

SIZE

397,296 sq ft

36,910 sq m

Description

Excellent plot with a ruin, combining rustic and urban areas, located on the EN 125, near the entrance of Vilamoura. This plot offers the possibility of building a house with up to 300 m2, including a pool area and terraces, upon submission of a project to the municipality for approval. With a total area of 36,910 m2, it is also feasible to request authorization from the municipality and the Directorate General of Agriculture of the Algarve for agrotourism plantation projects and agricultural exploitation.

Certainly, here are some advantages of investing in agrotourism plantation and agricultural exploitation:

1. Revenue Diversification: In addition to generating income through the sale of agricultural products, agricultural exploitation can attract tourists interested in agriculture-related experiences, such as fruit picking, participation in agricultural activities, and tastings of local products.

2. Sustainable Tourism: Agrotourism plantation offers tourists the opportunity to connect with nature and local culture, promoting more sustainable and responsible tourism. This may include guided tours of the property, learning about traditional agricultural practices, and consuming organic and fresh foods produced on the farm.

3. Property Valorization: By developing agricultural and tourism activities, the property can become more attractive to potential buyers or investors, increasing its market value.
4. Environmental Preservation: Agricultural exploitation may include sustainable farming practices, such as efficient water use, integrated pest management, and soil conservation. This contributes to environmental preservation and promotes a positive image of the property.

5. Integration with the Local Community: Agrotourism plantation can stimulate local economic development, creating job opportunities and partnerships with suppliers and other businesses in the region. This strengthens ties with the community and promotes a collaborative and cooperative environment.

Investing in agrotourism plantation and agricultural exploitation can offer a range of economic, social, and environmental benefits, while providing a unique and enriching experience for tourists.

Additionally, the plot already has electricity and a borehole for water supply. Its privileged location offers easy access, close to the N125 and the largest private tourist development in Europe, Vilamoura. Recognized for its famous Marina and renowned golf courses, which host tournaments such as the Portugal Masters and the Algarve World Cup, Vilamoura also offers white sand beaches and a wide selection of nightlife entertainment, including casinos, restaurants, and nightclubs.

1.Proximity to Vilamoura: Being close to Vilamoura, a renowned tourist destination known for its marina, golf courses, and wide range of entertainment, is a major attraction for potential buyers. Proximity to these amenities increases the value of the property as an investment opportunity or residence.
2. Accessibility: The location near the EN 125 offers excellent access to main roads, facilitating travel to other areas of the Algarve and the country. This is particularly attractive to buyers looking for a holiday home or investment with easy access to airports and other tourist areas.

3. Developed Infrastructure: The fact that the property already has electricity and a borehole for water supply is a major advantage. This means that buyers can save time and money on basic installations and focus on developing the property according to their needs and interests.

4. Development Potential: The location in an area with growing tourist demand, next to the largest private tourist development in Europe, opens up opportunities for the development of tourist or residential projects. With approval of a project from the municipal council, buyers can explore the maximum potential of the property.

5. Local Attractions: In addition to being close to Vilamoura, the property is also near white sand beaches and a variety of nightlife options, such as restaurants, nightclubs, and a casino. These additional attractions increase the appeal of the location for buyers seeking a complete lifestyle experience in the Algarve.

In summary, the privileged location of the property offers a unique combination of accessibility, developed infrastructure, development potential, and proximity to tourist attractions, making it highly attractive for sale as a quality real estate investment in the Algarve.

For more information, you can contact Alexandra Pereira.
#ref: 115415

Algarve, Quarteira, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    9.4 miles
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About the agent

IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

IAD, Porto

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate cons

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Notes

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This is a property advertisement provided and maintained by IAD, Porto (reference 115415) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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