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Algarve, Aljezur, Portugal

€1,325,000
Portugal Sotheby's International Realty, Lisboa Centro
PROPERTY TYPE

Plot

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Description

We are thrilled to offer a very rare investment opportunity in the heart of Aljezur´s breath-taking nature, minutes from stunning beaches and the iconic village of Aljezur. These 23 hectares of untouched beauty, surrounded by protected natural areas, are one of the last pieces of rural land available to develop in the area.

The first phase of development is already approved by Aljezur City Council, for 213 square meters divided between 2 houses:
1 T2 of 142 square meters
1 T2 of 71 square meters
54 square meters of outdoor common areas

This is the first, and only, project in the area that features modern and elegant lines, with a green roof that integrates beautifully into the landscape.

The land allows construction of up to 500 square meters. Plans for the expansions have already been designed and will be submitted to the City Council before the end of the year.
The expansions will be as follows:

Second phase: 1X T2 of 64.8 square meters, 1X T1 of 39 square meters, bathroom for the common area
Third phase: 4X T1 of 39 square meters, bathroom with shower for the common area
Fourth phase: 23 square meter swimming pool
The project was specifically designed to access Turismo de Portugal's "Linha de Apoio a oferta" subsidy, which covers 80% of the construction investment. The grant application is being worked on.

The property comprises 235,500 square meters of beautiful hills and valleys covered in local vegetation, including larges plots of cork trees which bring an additional income source to the land.

This beautiful land is strategically located 3 minutes from the center of Aljezur, and 10 minutes from the beaches of Arrifana and Monte Clérigo.

Algarve, Aljezur, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    50.9 miles

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About Portugal Sotheby's International Realty, Lisboa Centro

Av. Fontes Pereira de Melo, nº 35, Loja C 1050-118 Lisboa

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Notes

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This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Lisboa Centro (reference 103250130) 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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