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Development land – Monchique, Faro, Portugal

2,179,000 $
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Total area: 115,360 m²
  • Land area: 115,360 m²

Picota is the second highest point of the Algarve and offers great views of Monchique and Foia, Algarve coast on a clear day or night. Via Algarviana passes through Picota and there are marked walks of Caldas and the city Monchique. Lot Land with a unique project for cable car construction, hotel, bars, restaurant, car park. This project has a direct interest Monchique city authorities with all the necessary documentation. Building plot with license approved.

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
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