Land for sale in Algarve

  • 10640
Because we believe this hamlet and property in referrence are unique; Because its an area with many luxury villas whose owners believe in what we do, because we know that we have to compete with many properties on the market, and because we would like to propose to you this unique property at this unique price 125.000€ - 40.000€ below bank valuation - BUILDING PLOT of 10,600m2 located on the outskirts of the Hamlet of Azinheiro - in the region of the typical, characteristic and central town of Estoi - and 14kms inland (North - east) in the council of Faro, 6 kms from Estoi, 7 Kms from Olhão and S. Brás de Alportel, with outline planning permission to build one or two villas that can have a total covered area of up to 800m2, and in one or two storeys. There is the possibility to divide the plot with each house and from the remaining land. The site would also be suitable to build a clinic; Nursing homes; Agri Tourism; MEDICALLY ASSISTED RESIDENCES FOR THE ELDERLY PEOPLE,inclusive or exclusively North Europeans, whom have arthrites, Arthroses and other diseases and whom hate the cold, rain and snow of their places , and would love to come to a medically secure place in the sun; or similar activity. The plot has mains water, sewage , electricity and telephone connection. And a portuguese farmer neighbour. There are spectacular sea and country views from the elevated location on the mountain, 12kms inland from the coast. It also benefits from good access and wih tarmac 50mts away. Because it is a simple rustic (Agricultural) plot (Only pays 5% of transfer tax), it has right of option to purchase the neighbouring plots, of which 2 benefit from the same planning permission and are for sale at very competitive prices. Over all with the neighbouring plots with planning permission, one can build around 4.000m2 of covered area .There are several plots where one could build around 10.000m2 of covered area medically assisted homes in and around the hamlet of Azinheiro, and which can be adquired at competitive prices. If you would like more information, or want to speak right away to the Portuguese and English speaking owners, you can do so through Tel (00 351) 96 39 55 790
Land for sale Algarve, 37 Land for sale in Algarve owners direct and real estate agency contact direct..