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COMMERCIAL

Algarve, Aljezur, Portugal

£1,214,612
€1,399,000
Mimosa Properties, Lagos
PROPERTY TYPE

Farm

SIZE

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Key features

  • Cultivation - Corktrees
  • Cultivation - Fruit trees
  • Field
  • Mountain
  • Mountain view
  • Residential - country
  • Terreno Viabilidade de Construção
  • Valley view

Description

Spectacular land in Aljezur with 23.55 ha, that is mostly occupied by arbutus berry and cork oaks, with approved permission for the reconstruction and extension of the existing building up to 213 m2 and a project allocating it to tourism development, in the form of country houses, for two houses with 2 bedrooms each with 142m2 and 71 m2 respectively.

The land allows for construction of up to 500 square meters. Plans for the extensions have already been drawn up and will be submitted to the City Council before the end of the year.

The extensions 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 1-bedroom apartments 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 Portugal´s Tourism "Line of public grant" subsidy, which covers 80% of the construction investment. The application for the subsidy is currently underway.

It is located within the ecological reserve of Aljezur, 5 km from the most famous beaches of the Costa Vicentina, which are very popular with surfers and nature lovers.

The architecture of the project allows for a perfect symbiosis of the buildings with their surroundings, making this property a space with unique characteristics.
Therefore offers the opportunity to create an environmentally and socially sustainable nature tourism offer that meets the needs of this market segment.

An excellent investment.

Algarve, Aljezur, Portugal

NEAREST AIRPORTS

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

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Mimosa Properties, Lagos

For 20 years based in Lagos, MimosaProperties has been active in the areas of buying, selling, renting, and property management. By focusing on quality and precision, combined with our experience and knowledge, we offer an exclusive real estate mediation service in the Western Algarve region.

We are an agency managed by a multilingual team, specialized in property sales and acquisitions, with deep knowledge of the local market. Our methodology is based on personalized service, ensuring our clients a completely transparent and professional experience.

Notes

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This is a property advertisement provided and maintained by Mimosa Properties, Lagos (reference 3747) 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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