Land for sale in Silves, Portugal — €250,000

About this land

Seize this rare opportunity to own a vast 10,200 m² plot in the tranquil countryside of Algoz, offering breathtaking open views and endless potential for your dream project. This level and easily accessible land already benefits from on-site road access and electricity, ensuring a smooth start to development. The area is also renowned for its abundant groundwater, and there is permission to drill a borehole, allowing you to create a fully self-sufficient home or eco-project powered by solar energy. With flexible building allowances and the option to subdivide the land once a project is submitted, this property presents exceptional versatilityideal for a private estate, rural tourism venture, or sustainable living concept. Construction Allowances: - Residential: Up to 300 sqm (2 floors) - Commercial: Up to 500 sqm - Tourism: Up to 2,000 sqm Utilities Available: - Electricity: Easily accessible to the plot. - Water Supply: Permission to build a borehole, providing a reliable, cost-effective water source perfect for irrigation and farming. - Wastewater Solution: Septic tank allowance ensures efficient waste management for any development. Road Access: - Conveniently located with access to a paved road, providing easy access for vehicles and an added advantage for tourism or commercial projects. Location Benefits: Algoz is renowned for its peaceful countryside charm, surrounded by lush vineyards and traditional farms. Just a short drive from Albufeira's breathtaking coastline, you'll enjoy a blend of tranquility and convenience, with easy access to beautiful beaches, fine dining, and entertainment options. Whether for residential, commercial, or tourism purposes, this plot offers boundless potential in one of Portugal's most scenic settings.