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Faro, Montenegro,

3.300.000 € Terreno com ruina (ref: 105200055)

694m2
Construction area
166480m2
Plot Area
Gallery About General features Location and accessibility
  • Terreno com ruina  Faro, Montenegro - 42507 - 1
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Terreno com ruina  Faro, Montenegro - 42507 - 1

Faro, Montenegro, 3.300.000 €

Terreno com ruina (ref: 105200055)

Contact
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About the property A property with approximately 16.6 hectares of flat land is located in the heart of the Ria Formosa Natural Park, right next to the famous luxury resort Quinta do Lago and just six kilometers from the city of Faro. It is within a short distance of several prestigious beaches and islands of the Algarve, such as Faro Beach, Farol Island, Armona Island, Tavira Island, and Monte Gordo Beach.

Situated near luxury residential areas of the Algarve, often chosen by national and international celebrities for vacations, the property offers significant potential. According to the information provided by the Faro Municipal Council regarding planning instruments and general conditions for urban operations on the land, the total built-up area, including any expansions, can reach a maximum of 300 m² for residential purposes and 500 m² for other purposes. For rural tourism developments (TER), a maximum area of 2,000 m² is permitted, which can be combined with other uses. In such cases, the total built-up area may reach 2,800 m², while respecting the maximum allowed areas for each use (residential, TER, and/or other purposes).

The land is ideal for rural tourism development, being close to many points of interest in the central/eastern Algarve.

Given the importance of this region in ensuring the continuity of various unique species and maintaining the balance of others with significant economic and ecological value, the Ria Formosa, which gives its name to the Natural Park, has been classified as a World Heritage Site. This designation guarantees that vast areas, including this property, will remain preserved as true paradise, accessible only to those who genuinely appreciate nature’s gifts.

"Excluded from the SCE under subparagraph (g) of paragraph 2 of Article 18 of Decree-Law No. 101-D/2020, of December 7."
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Máscarazul - Mediação Imobiliária Lda - AMI 8904
General features
General information
  • Reference 105200055
  • Goal Sale
  • Sale price 3.300.000 €
  • Region Algarve
  • District Faro
  • County Faro
  • Civil Parish Montenegro
  • Area N/A
  • Gross Private Area 326m²
  • Gross Construction Area 694m²
  • Net area 0m²
  • Plot Area 166480m²
  • State N/A
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