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Development land – Aljezur, Faro, Portugal

950,000 €
  • Land area
    154,920 m²
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*** online sale — recently reduced from 1,100,000€ *** a large 16 hectares plot of land for sale in odeceixe, situated within a quiet area offering great potential for rural tourism as well as agricultural projects and housing. surrounded by pine trees, eucalyptuses and more of the algarves nature at its finest, this plot would make a great farm space for those wanting to grow their own vegetables and home their own animals, especially horses. the good quality of soil will certainly help when it comes to the production of a variety of vegetables such as sweet potatoes, and if looking to start your own vineyard fruit trees will thrive due to the many nutrients that will be provided along with an irrigation system in place. to keep costs down there is a possibility of filtering water from the santa clara channel. a line for drinkable water can be located just 30 metres away as well as electricity, meaning you haven’t got far to go to set up all the necessary utilities to kick start your new project. another opportunity you could look at would be an agricultural project, by obtaining a 25% mortgage and a 50% grant subsidy from the government all you would need it 25% equity to start your investment. you could also look into the possibility of creating a zone for people travelling with large camper vans to settle for a day, week or month. all you would need is the correct licenses in place and you could start to see a return on your investment almost immediately. situated just 15 minutes away from the centre of aljezur, 35 minutes from the popular city of lagos, 45 minutes minutes from portimão and even better, only 15 minutes to odeceixe’s stunning beach! there is the option to purchase this plot of land with the neighbouring land which has an approximate size of 15 hectares. for more information, get in touch with the team.

Extra opportunities

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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    Location right down to the building, street or city

More properties

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 Aljezur 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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