TBK545: Quinta de 9ha em Lagos

Lagos, Faro

Price:

€545,000

9ha farm in the Lagos region with main house and stables

Property Advertised by: Owner

Property Description

Description
In our view, the project would be particularly suitable for housing and / or development as ecotourism, farm and / or agricultural project for individuals or a small group / community that want to manage the estate in a sustainable way.

The photos were taken in the dry period (+/- 4 months). Before and afterwards everything is green and usually in bloom.

Project
There has been consultation with the municipality. They indicated that there is, in principle, a possibility of expanding the existing buildings up to 2,000m2 for accommodation and facilities.

Financing
In addition to the regular funding opportunities available, we have a friendly relationship that may be willing to provide a co-financing. There is currently a European campaign called Portugal 2020 from which financial support can be requested.

Although the real estate in southern Portugal is more expensive than in the north, the revenue and the financial return model are many times more favorable due to the climate and the corresponding high number of visitors,.

Location
The location is situated on the South coast, in the Lagos region, 4km from the ocean. The location is suitable for a family or residential group with the possibility of developing the venue as retreat center, care farm and / or as a national (eco) tourism project.

It is a beautiful piece of land with a lot of variety, situated in an inspiring nature area with many old (fruit) trees. The farm, situated on a hill, is one of the, if not the, last, authentic houses in the region and is suitable for many purposes. The main house has 3 bedrooms, two bathrooms, a spacious living room and kitchen. The storage room at the back of the house offers the possibility for two extra bedrooms or a guest room. The house is surrounded by terraces with beautiful, often breathtaking views.

There are 6 to 7 stables around the back of the house. In addition, there are a number of spaces, including stables (+/- 200m2) elsewhere on the land, raised in wood or stone.

The estate has its own water supply through a reservoir located higher on the land and a groundwater well with pumps.
The original water well, which was activated by a donkey is also present, as is the old donkey stable next to the well.
The project is a “one and only opportunity” in this region, which needs some investment with the necessary love and attention.

Property Location

For owner privacy, map may not show exact location of the property.

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