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Properties for sale, New Homes and developments in Monchique, Algarve, Portugal

Price Under appreciation
We present an interesting investment opportunity! It is a plot of land with 2 hectares and an approved project for a tourist eco-village consisting of up to 48 villas, and is included in the sale price, the first phase of 10 houses already built that allow the start of tourist activity and respective income. Of these 10 houses, two are already built and 4 more are under construction. Also included in the price is the parking area, swimming pools and private gardens of each house. The houses come furnished and equipped and ready to be occupied/used. There is the possibility of making this first phase of 10 houses profitable and moving on to the construction of the remaining houses after a first year of activity. The possibility of handing over the 48 houses already built in full can be discussed. #ref:AL-001

More areas of interest nearby

Urbanização Encosta do Sol (São Gonçalo de Lagos)

Vale Centeanes (Lagoa e Carvoeiro)

Torraltinha (São Gonçalo de Lagos)

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