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€375,000
This property was selected and recommended by Porameta for its valuable investors. This exceptional 5.4-hectare countryside estate is located in the peaceful Moinhos dos Casais area of Monchique, alongside the Ribeira do Samouco, also known as Arrojela. Combining extensive land, a substantial residential property, mature gardens and natural surroundings, the estate offers an attractive opportunity for private living, a countryside retreat or a future rural tourism project. The single-storey residence provides approximately 324 m² of construction and includes a welcoming entrance hall, modern equipped kitchen, spacious naturally lit living room, storage area, three bathrooms and four bedrooms, three of which are en-suite. The surrounding grounds feature mature native vegetation including cork oaks, olive trees and eucalyptus, together with a citrus orchard that adds both character and agricultural potential. The property benefits from electricity and a private well capturing spring water, providing water suitable for domestic use and irrigation. Its secluded setting offers panoramic views over the surrounding hills and valleys while remaining approximately 10 minutes from Monchique village and within convenient reach of Algarve beaches, services, restaurants and shops. The property has identified potential for Local Accommodation or rural tourism, making it particularly interesting for investors seeking an experience-led hospitality project in the Algarve mountains. An additional development consideration is that the property currently lacks a habitation license due to historical administrative issues, but a project has already been submitted to the Monchique Municipal Council to support the regularization process. Buyers should independently verify the status, scope and approval prospects of this project before proceeding. This property was listed by Fátima Lopes as the original product provider. For interested parties, please contact Fátima Lopes directly with the details below: Phone: +351963432879 Email: fatimalopes@remax.pt
Curated by the agent
Listed by
Louren Isobel Rubico
Brokered by Original Provider Agent, Recommended by Porameta
Porameta
AMI 26966
Listing Details
Facts & Features
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