Land for sale in Monchique

Monchique

Price reduction

400 000 €
650 000 €
38%

Buy
id. 122881182-17

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NC

Description

MIXED LAND WITH FEASIBILITY FOR CONSTRUCTION OF A RURAL TOURISM ENTERPRISE.

Land located in the 2nd highest mountain in Monchique, in Picota.

The land has 2 urban articles with plans to build a Rural Tourism development with 69 rooms, a project that has already been requested from the Municipality for construction on the south-facing slope, with the option of also opting for the construction of single-family houses.

The land has a borehole and electricity. The rustic area is made up of arable crops, bush, eucalyptus and cork oak forests.

There is also an innovative project with a favorable aspect for the implementation of a panoramic cable car under the mountains and village of Monchique on the Picota summit and a commercial area with a panoramic restaurant to support visitors.

Details

Private Gross Area m²- -
Gross Area m²- -
Total Lot Size m²11 536
Living Area m²- -
Bedrooms- -
Construction Year- -
Floor- -
WC/Bathrooms0
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

Map

Credit Simulation
Listing Price
400 000 €
Initial Value
Duration (Years)
30 years
Monthly Payment (*)
0

(*) The monthly instalment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), notwithstanding a more complete and detailed financial analysis! Powered by Max Finance - Intermediários de Crédito, Lda The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own financing policies and conditions and is not linked to the results of this simulation.


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