Ref. #85506514
For sale
House

Three urban buildings with a gross construction area of 600m2, set in a plot of 8.3 hectares!

Welcome to your new dream farm! With panoramic views of the city, the Ria Formosa and the barrier islands, this 8.3 hectare property is a true jewel of the Algarve. Located at an altitude of 54 metres above sea level, yo...

€ 1 000 000 Requires renovation Area: 601.13 sqm

Description

Welcome to your new dream farm!
With panoramic views of the city, the Ria Formosa and the barrier islands, this 8.3 hectare property is a true jewel of the Algarve.
Located at an altitude of 54 metres above sea level, you can enjoy spectacular views in all directions. What's more, the property is just a 5-minute drive from the centre of Olhão and the pier for the islands of Farol, Armona and Culatra, and just 15 minutes from Faro International Airport.
With three urban buildings totalling 600m² of covered urban area, a threshing floor, an artesian borehole for water collection and a huge water tank, this property is truly unique. What's more, 6.2 hectares of its agricultural area are currently rented out for avocado pear production, which guarantees a steady income.But that's not all: this property is also an excellent investment opportunity for rural tourism, with the possibility of building up to 2,000m² of gross construction area.
With this spectacular location and attractions such as the islands and the Ria Formosa so close by, rural tourism would be a guaranteed success on this breathtaking property.
Looking for a property to invest in in the Algarve? Don't miss out on this unique opportunity to own a dream property that will provide you with guaranteed income and a peaceful, comfortable life in the south of Portugal.
Come and visit and see for yourself all the possibilities this unique property has to offer!

Property details

Country
Portugal
District
Faro
City
Olhão
Reference
85506514
Rooms
16 rooms
Area
601.13 sqm
Total area
602 sqm
Heating device
Without
Hot water device
Hot water tank
Hot water access
Individual
Waste water
Main drainage
Condition
Requires renovation
Orientation
East, North, West, South
View
Unobstructed Countryside

Nearby
Park -
Sea -
Beach -

Contact about a property

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