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Faro (Sé e São Pedro)
Unique Opportunity in the Algarve - Property of 33,840m² with two century-old houses for renovation If you are looking for tranquility in a privileged location, this property between Moncarapacho and Estoi is the ideal opportunity for you. With 33,840m², it offers huge potential for personal housing or investment. There are two century-old 150m² houses, habitable but in need of renovation. If preferred, you can choose to merge both houses and build a single house of up to 300m². South facing with excellent sun exposure and unobstructed views of the surrounding landscape. Access is easy, with a paved road up to the property and an electric gate for added convenience and security. The land is filled with carob trees, olive trees, almond trees, fig trees, a citrus orchard, and other fruit trees, ideal for nature lovers who want to make use of the land's resources. Equipped with automatic drip irrigation, the property maintenance is practical and efficient. It has water from the network, an artesian well, three cisterns, as well as electricity and a septic tank. There is also a garage, an agricultural outbuilding with a kitchen. With great potential, this property is perfect for those who want to live in a peaceful environment while still being close to amenities, or for investors looking to turn this space into a unique project. Come and see for yourself and make your dream of living in the Algarve countryside a reality! As for the price, considering the size of the property, the potential for renovation and development, and the prime location in Faro (Sé e São Pedro), the listing price of 399,000 seems reasonable and fair. It offers a great opportunity for buyers looking to invest in a property with vast potential in a sought-after area of the Algarve.
Faro (Sé e São Pedro)