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

2,285,000 $
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  • Land area: 115,360 m²

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.


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.


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.

Location and nearby objects

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Cafe and restaurants
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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Monchique
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    • Bank financing from 2.5% annually
    • Construction site audits
    • Management company services