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***Recently Reduced*** House with large plot of agricultural land and ruin

In Mexilhoeira Grande , Portimão

algarve property for sale,portimao,plot,ruin,project,equestrian,farmland,algarve,investment,imobiliaria algarve

  • 2
  • 1
  • 53 m2
480.000 €

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***Recently Reduced*** House with large plot of agricultural land and ruin

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***Recently Reduced*** House with large plot of agricultural land and ruin

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***Recently Reduced*** House with large plot of agricultural land and ruin

Property Details

  • Reference IDH8637
  • Type Villa
  • Certification F
  • Bedroom(s) 2
  • Bathroom(s) 1
  • House area 53 m2
  • Land area 213960 m2
  • Zone Mexilhoeira Grande
  • City Portimão
  • Region Faro

Description

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Villa for sale in Mexilhoeira Grande

***Recently Reduced***

This very large plot is located in Mexilhoeira Grande, around 20 minutes’ drive to the city centre of Portimao and the beaches of Alvor . From the site there is easy access to the A22 toll road, which runs almost the entire length of the Algarve. There are a number of small villages within a short drive, with mini-markets, cafés and traditional restaurants.

The main house is in good structural condition and comprises 2 bedrooms and 1 bathroom, however the interior needs renovating throughout. There is also the possiblity to extend the current footprint of the property for additional bedrooms or living areas.

The ruin requires extensive construction work to really see its full potential - currently there are mains connections for water and electricity, however to heat water you will need replaceable gas bottles which are readily available locally.

The land is currently registered as an agricultural plot, meaning no permanent structures can be built, but it would be the perfect location for anyone looking to start a small farming or equestrian business, as there are already a number of mature fruit trees to get you started!

This is the perfect project for someone able to invest time and money into the property to bring it up to a wonderful family home in a peaceful setting.

Portimão is the largest city in the western Algarve, and was traditionally a centre for sardine fishing and processing. Today, most of that industry has been replaced by tourism, leisure, and retail, leaving Portimão as a large and residential city. Most tourists visit Portimão either for the extensive shopping or excellent public transport but there is a surprising amount to be seen within the city.


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  • Fitted Kitchen
  • Fruit Trees
  • Landscaped Gardens
  • Vegetable Garden
  • Country View
  • Surrounding View
  • Gated Entrance
  • Near Golf Course
  • Near Beach
  • Near Shopping
  • Near Hospital/Medical
  • Near Schools
  • Private Parking
  • Partially Renovated

Advantages of Buying & Living in Portugal

Buying 

Ideal Homes Mortgage Department provides free brokerage consulting and can help you arrange up to 90% financing for your property purchase, at competitive rates. Depending on your circumstances you may also qualify for new residency and tax incentives, learn more here

 

Living 

 1. Over 300 days of sunshine per year
 2. International airport with cheap & easy flights to the UK & Ireland - Over 90 a day in high season
 3. High quality construction and best rising property values in Europe  
 4. Option to enjoy a holiday home and have rental returns as high as 14%
 5. Great residency programs and tax advantages
 6. Beautiful beaches and islands 
 7. Fabulous cuisine, with one of the world's largest selections of wine and seafood  
 8. Award winning golf courses, watersports and a never ending list of activities 
 9. Low cost of living with fantastic quality of life and rich culture 
10. One of the world's safest places to live

 

More Info... 

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