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The favorable investment proposal! A plot of land with a natural spring and panoramic view of the ocean, on Mount Foia, Monchique, Portugal

1,000,000 €
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Total area: 96,880 m²
  • Land area: 96,880 m²
  • Sea view
  • Mountain view

We offer for sale a plot of land in the ecological place with mineral springs and eucalyptus trees for the construction of a unique spa-hotel.

Description

The site is located at an altitude of 902 meters above sea level, in the south of Portugal, on the mountain Foia — the highest mountain in the Algarve. It is part of the mountain range Serra de Monchique and the last high point of the European continent. There is a natural source of drinking water and a popular observation deck with stunning views of the city and ocean.

Here you can feel that ”the whole world is at your feet“, so tens of thousands of tourists annually visit this unique place. All the tourist routes and excursions in the Algarve are through Foia.

Advantages

The site has licence and approved project.

We can help you get a Gold Visa (permit without tax residence) when buying a property worth € 500,000 or more.

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Julia Dorokhina
Julia Dorokhina
Real Estate Expert Tranio in Monchique
+44 20 3608 1267
Free advice on real estate in Monchique
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