OLHãO, FARO, PORTUGAL - € 468,000

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PROPERTY#:13459240

€ 468,000

Building Plot in Olhão Moncarapacho Olhão Faro Portugal  

Olhão

     Price Recently Reduced From 500.000 Euros To 468.000 Euros. Nestled atop a tranquil hill in the heart of the Eastern Algarve, near Moncarapacho, Olhão, this exceptional estate spanning a total area of 21,706m² presents a rare opportunity to acquire a buildable parcel of land offering panoramic vistas of both the sea and mountains and remarkable development potential. Originally comprised of three separate plots; plot 31 with 17,106m², plot 32 with 3,160m², and plot 33 with 1,440m², the land has been unified into a single holding, forming a cohesive and privileged site for visionary investment. At its centre lie the evocative ruins of an old windmill, a timeless reminder of the region's heritage and the inspiration for the property's identity. With approved project (information available upon request).nnMoncarapacho is a charming and traditional town located in the eastern Algarve region of Portugal. Nestled between the rolling hills and the coastal plains, it offers a peaceful and authentic atmosphere, away from the busier tourist hotspots. The town is known for its whitewashed houses, cobbled streets, and a central square where locals gather at cafés and markets. Surrounded by orange groves, olive trees, and gentle countryside, Moncarapacho provides a perfect base for exploring both the coast and the inland beauty of the Algarve. The area is rich in local culture, with craft shops, traditional restaurants, and regular markets selling fresh produce and regional delicacies. Visitors can also enjoy nearby natural attractions such as the Ria Formosa Natural Park and picturesque beaches just a short drive away. Moncarapacho is approximately a 25 minute drive from Faro International Airport.nnXtophe Properties, a member of the Chestertons Global Network. With our local knowledge and working in the Portuguese real estate business since 2013, we offer exclusive properties and focus on excellence every day. We work with the utmost dedication in connecting clients with properties that meet their expectations, whether for living, investing or expanding business. We have a professional team of real estate experts who speak several languages, including Portuguese, English, French and Spanish and have the aim of offering the best experience to our clients. nEnergy Rating: In progress n#ref:X0304

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