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Land for sale

Algarve, Portimão, Portugal

£563,745
€650,000
JLL - Portugal, Portugal
PROPERTY TYPE

Land

SIZE

3,097,312 sq ft

287,750 sq m

Key features

  • Near green areas
  • Bedrooms: 0

Description

Plot of land with 29 ha and a ruin with 200 sqm of gross construction area, located in Sítio das Ventosas, Portimão, Algarve. This property features two lagoons, one measuring 3,500 sqm intended for agricultural use, and another adjacent to the ruin, with an area of 1,200 sqm. Additionally, the property has a license for drilling a water well.

The land offers various possibilities for use; one option is to restore the ruin and transform it into a residential property, providing the opportunity to create a charming house with beautiful views of the landscape and a private lagoon. Another alternative is to divide the land into four plots. Plot one, with an area of 15.75 hectares, would allow for the construction of a residential property of 500 sqm or a rural tourism property of 2,000 sqm. Plot two, with 7.18 hectares, could see the ruin restored for residential use or expanded to 600 sqm for tourism purposes. Plots three and four, with areas of 2.40 hectares and 2.54 hectares respectively, are intended for agricultural projects, and an additional option would be to use the property as a residential property with an agricultural project.

Currently, there is an approved project for cultivating 4,318 carob trees on an area of 20.7 hectares. This project includes an automated drip irrigation system, a photovoltaic system for energy, a 5 km perimeter fence, and financial support from the IFAP (Institute for Financing of Agriculture and Fisheries).

The property is located a 11-minute drive from ULS Algarve - Hospital de Portimão, 17 minutes from Autódromo Internacional do Algarve, and 45 minutes from Faro International Airport. It is also 2h25 from Lisbon Airport and 2h30 from Sevilla Airport.
Energy Rating: Exempt
#ref:81554

Algarve, Portimão, Portugal

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About JLL - Portugal, Portugal

JLL is an international real estate consulting company, specialized in the provision of real estate services in Portugal.

Our multidisciplinary team is focused on the prime segment customer and is supported by an international network operating in about 80 countries worldwide.

In Portugal, our Residential Department has more than 150 professionals who are market experts and guarantee the provision of an excellent service in supporting and following up owners, investors and buying customers. We offer a large portfolio of properties, among which there are exclusive residential developments.

Discover our portfolio and meet us in-person, by visiting our shops in Lisbon, Cascais, Oeiras, Porto, Comporta, Algarve and Funchal.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by JLL - Portugal, Portugal (reference 266417_21291337) 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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