Description

An exceptionally large property, with 112,500 m² of land, located in Porches, in the municipality of Lagoa, in a peaceful setting of great natural beauty in the Algarve.

The property includes a single-family, single-story house —currently in ruins—set in a setting of complete privacy, surrounded by olive, carob, and pine trees, and benefiting from excellent sunlight exposure, as well as its own borehole and well.

With remarkable development potential, the property previously had an approved plan for a luxury home with a swimming pool and perimeter walls. There is also the possibility of expanding the existing structure, subject to the necessary approvals, as well as potential for a rural tourism project, with an estimated living area of approximately 2,000 m² and 500 m² of support areas, also contingent upon the respective permits and approvals.

A unique property that combines scale, privacy, water resources, and natural surroundings, offering multiple possibilities for development, whether as a private residence, a tourism project, or an investment opportunity. The location is equally prime, just a few minutes from Lagoa, the International School, and the iconic beaches of Marinha and Benagil, and about 50 minutes from Faro International Airport.

A rare opportunity in the Algarve for those seeking a large-scale property with strong potential and an exceptional location, close to the sea, the beaches, and key amenities. All possibilities for construction, expansion, or development are subject to permits, opinions, and approvals from the relevant authorities.