Land with 9,5 hectares and allotment possibility – Lagoa – Algarve – 3.000.000 EUR

3 May 2021 | 0 comments

This beautiful property consists of 95440 m2 of rustic land and a ruin of 72 square meters and two large water storage tanks. According to
the latest information from the Câmara Municipal de Lagoa, the property is eligible for allotment operations. A detailed plan (plano de pormenor) will need to be submitted and approved.

According to the current legislation, 30% of the total area would have to be reserved for infrastructure, the remaining area could be divided into plots for construction. Minimum size of each plot: 2000 m2

The land is covered with several trees, including orange trees, olive trees and loquat trees. Three separate entries lead to the property.

 

The registered ruins comprise an old pre-1951 traditional Portuguese country house overlooking the land. On the land are also several smaller ruins, a well and two enormous water tanks.

The property is located only 5 minutes’ drive from the center of Lagoa and all amenities. The beaches of Três Castelos, Paraíso and Carvoeiro are also a short drive away.

 

Due to its characteristics and location, this property would be ideally suited to develop a rural tourism project – such as a small camping site – or an exclusive countryside villa.

Feel free to get in touch with us for further information.

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