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Contact a manager at Tranio.com, and we will find you a suitable Investment land or property from among our 70,000 offers across 57 countries around the globe

Special investment offer! A plot of land with a project of a cable car and infrastructure on the mountain Picota with panoramic view

2,355,000 $
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Land area: 115,360 m²
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We offer for sale a plot of land with a cable car project (2.5 km from the highest point to the town of Monchique Picota), shops, restaurants and parking. It is also possible to build a hotel.

The project is of great national importance, and offers many opportunities for investors.

Description

The site is located on Mount Picota — the second highest point in the Algarve. With its panoramic views of the Monchique mountain Foy and the Algarve coast on a clear day and night. Popular peshehdny route Via Algarviana, as well as routes in Caldas and Monchique Picota pass through.

Benefits

The site has a 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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If this property wasn’t for you, take a look at other investment lands for sale in Portugal.

You can see more investment lands for sale in Monchique elsewhere on our website.

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Submit a request for a purpose proposal
Irina Kunitsyna
Real Estate Expert Tranio in Monchique
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 2.5% annually
    • Construction site audits
    • Management company services