Algarve, Monchique, Portugal

This unique property offers an outstanding opportunity to acquire a large rural plot of almost 7 hectares, combining natural beauty, development potential, and a highly strategic location in the Algarve.

The land includes a registered ruin, allowing for redevelopment, and benefits from its own private well as well as a natural water stream, a rare and valuable feature that enhances both agricultural and tourism potential. The soil is extremely fertile, making it ideal for planting trees, vineyards, farming projects, flower cultivation, or self-sustainable initiatives.

From the highest point of the plot, there are open sea views, adding further value and appeal to any future development. The size and layout of the land provide privacy, tranquility, and flexibility for multiple project concepts.

According to current regulations, the PDM allows:

Up to 300 m² of construction for residential habitation

Or up to 2,000 m² of construction for a rural tourism project

This makes the property perfectly suited for a private estate, eco-retreat, boutique rural hotel, or agrotourism development, subject to final approvals.

Strategically located near the Autódromo Internacional do Algarve (Portimão Circuit), the property stands to benefit significantly from future international exposure. With Formula 1 confirmed for 2027 and 2028, demand for accommodation and tourism-related projects in the area is expected to grow substantially, positioning this land as a strong long-term investment opportunity.

A rare combination of size, water resources, development rights, views, and location, this property represents an excellent opportunity for those looking to invest in the Algarve’s future while enjoying its natural landscape.
REF: VRRE111