Beautiful Rural Property with 143 hectares and 5 registered Buildings - Almodôvar - 650.000 EUR

For sale is a very welll-priced large rural property comprising 143 hectares of land and 5 registered buildings.

This property consists of 3 contiguous parcels of rural land which offer lots of possibilities. The majority of the property is made up of hilly land and covered with native vegetation such as cork trees, strawberry trees, pine, olive trees and a few fruit trees.

Lots of wildlife make this land their home, including wild boars, hares, partridges and many more. Future owners can opt for setting up a several country houses, a natural reserve, a rural tourism project, a self-sustainable community or a hunting reserve. The property also receives government payments and these could be increased if the future owners decide to raise livestock.

The land is very scenic and tranquil, away from pollution (noise and light) and is certainly a once in a lifetime opportunity.

Located on the lower parts of the property are several flat areas which allow for agriculture or grazing; the southern tip of the property is close to a small river plain and several water tanks and an old water wheel/well. Two small reservoirs are located further north.

A total of 5 buildings separate buildings (around 600m2 of total registered area) are part of the sale, all of them in need of reconstruction/renovation in varying degrees. The construction material is mainly traditional taipa (rammed earth) but also brick and mortar. Most of the buildings are connected to the main electric grid. For sanitation, septic tanks would have to be installed.

The buildings can be renovated according to the existing footprint and layout or – pending submission and approval of a project – be extended. Given the size of the land, future owners have many options for expanding the existing built area.

Located a short drive from the main arteries crossing Portugal from North to South (IC1 and A2 Highway), this property is very accessible but yet peaceful and isolated. A petrol station, a bakery and café are located only a 5 minute drive away. For more demanding shopping needs, the towns of Albufeira and Guia are only 40 minutes away and Faro International airport can be reached in under an hour.

For more details, plans and further information, please do not hesitate to contact us.