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Other for sale in Luz de Tavira e Santo Estevao, Portugal
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Other for sale in Luz de Tavira e Santo Estevao, Portugal

180 000€

Luz de Tavira e Santo Estêvão

Features

  • Exclusive mandate
  • 5 hectares of land (12.36 acres)
  • N/C

Investment Breakdown

Gross Yield:

7%

Time to pay off with rent:

10 years

Price Difference:

-10%

Expected Rent:

1500€/month

Property description

This expansive rustic land spans approximately 50,000 m2 and is ideally situated just a short drive of less than 10 minutes from the charming towns of Moncarapacho and Fuseta. Access to the property is convenient via a well-maintained tarmac road, ensuring easy transportation to and from the area. Both water and electricity services are readily available in close proximity, making this land an excellent choice for potential development or agricultural use. The terrain features a gentle slope, offering potential for various landscaping opportunities. Additionally, the property is adorned with a selection of dryland trees, including beautiful olive and carob trees, which not only enhance its natural beauty but also present opportunities for agricultural production. This land provides a rare investment opportunity in a tranquil setting, perfect for those looking to create a rural retreat, cultivate crops, or establish a sustainable living space.

Location

Luz de Tavira e Santo Estêvão

Date added: 07.12.2024

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