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Development land – Monchique, Faro, Portugal

207,000 €
  • Land area
    60,000 m²
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an extremely generously sized plot of land for sale in monchique, surrounded by the extraordinary beauty of portuguese nature this is a great investment if you are wanting to start a yoga retreat, meditation zone or any other kind of business in the algarve, but also is perfect for those who are looking an ideal place to move out from big city, who need peace and quiet. there is a possibility of renovating the existing buildings already situated within the plot which is great to get your creativity and imagination going. thinking about the many what ifs available on how to provide unforgettable memories not only for yourself, but anyone who visits the oasis of tranquility and peacefulness. situated within a protected are in monchique, new construction is not authorised so knocking the existing construction area down and starting again is not an option. although, as the ruins have been properly legalised they can be conserved. monchique is based more inland than coastal but does offer needed amenities with faro airport approximately forty-five to sixty minutes away. the a22 is nearby and easily accessible, which leads you to any destination in portugal, and the coast is roughly a twenty minute drive away.

  • Property on the map
    Location right down to the building, street or city

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If this property wasn’t for you, take a look at other development land for sale in Portugal.

You can see more development land for sale in Monchique elsewhere on our website.

Statistics in Faro

Price per m², €
2,184
Safely rate
74
Index 74 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 2,184.26
Apartment in a bedroom community, m² 1,817.59
Transport Price, €
Public transport, 1 ride 2.25
Monthly travel card 30.0
Taxi, 1 km 0.64
Petrol, 1 l 1.49
Food Price, €
Water, 1.5 l 0.49
Milk, 1 l 0.66
White bread, 500 g 1.0
Eggs, a dozen 1.6
Chicken fillet, 1 kg 5.69
Education Price, €
Kindergarten, per month 400.0
International school, per year 8,962.5
Security index
Crime rate 20.45
The risk of being robbed 32.5
The risk of car theft 30.0
The risk of break-in and property damage 43.18

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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