Opportunity – Quinta with Ruin in Santa Luzia

€2,240,000

456 m² Total surface
52,018 m² Plot surface

Description

Introducing a magnificent Quinta with a ruin, situated on a vast 52,018m² plot. Property Details: Urban Section: Featuring a construction area of 456m², this section provides the opportunity to renovate the existing ruin, allowing you to create a residence tailored to your preferences. Rustic Section: Spanning 50,000m², this land is situated in urban and developable spaces, located in a tourist occupation zone. It is ideal for constructing a tourist resort. Prime Location: This property stands out due to its exceptional location, close to the prestigious Pedras d’el Rei tourist village in Santa Luzia, Tavira. The area offers breathtaking views of the Ria Formosa, one of the Algarve's most beautiful natural landscapes. Advantages: Prime Location: Situated in a low-density residential area, ensuring tranquillity and exclusivity. Great Potential: With developable land, this property offers a unique opportunity for either tourist or residential development. Proximity to the Beach: Enjoy the short distance to the beautiful beaches of the Algarve, a true paradise at your doorstep. This is a great opportunity to acquire a high-value property in a highly sought-after location. Contact Us: Don’t miss this unique investment opportunity. Contact Engel & Völkers Faro-Tavira to schedule your visit and discover the full potential of this Quinta in Pedras D'el Rei. Reserve your place in one of the most privileged locations near the beach!

Features

PatioSea/Lake viewTerraceWaterfrontGreen viewMountain viewOpen view

Engel & Völkers Faro - Tavira

+351 938 533 413

Your advisor: Dora Luís

Property ID: W-02VM7J

Location: Santa Luzia, Faro District

Explore Santa Luzia, Tavira, Algarve Pedras d’el Rei presents an exclusive lifestyle amidst one of the Algarve's most traditional settings. This charming village is ideal for those seeking both tranquillity and accessibility, making it a prime location for real estate investment and personal enjoyment alike. Exceptional Accessibility and Local Charm: Santa Luzia offers seamless pedestrian and tourist train access to the Barril Beach, renowned for its serene beauty and inviting azure waters. This accessibility is complemented by the village's vibrant local commerce and the quaint center of Santa Luzia, where traditional architecture meets a lively array of local restaurants and shops. The area is perfect for leisurely strolls, offering a genuine taste of Algarve culture. Proximity to Natural Beauty: Known as the "Octopus Capital" of the Algarve, Santa Luzia provides an authentic connection to the region’s culinary heritage, enhanced by its proximity to some of the finest beaches in Portugal. This combination of natural beauty and local flavour creates a compelling draw for tourists and residents alike. Why Invest in Santa Luzia? Prime Location: Nestled in the heart of the Algarve, offering a perfect blend of relaxation and accessibility. Strong Rental Market: High demand for vacation rentals, supported by the area's tourist attractions and beautiful beaches. Quality of Life: Enjoy a high standard of living with excellent dining, shopping, and natural landscapes at your doorstep.

Commission details

The Amounts related to outstanding fees of any kind, as well as registration costs for leases, must be paid by the owner. The mediator commission must be paid by the owner, as stipulated by the Portuguese law. Property availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot guarantee that it is accurate or complete at any time, therefore it cannot be relied to us any responsibility regarding that. This offer is subject to errors, omissions, price changes or withdrawal without notice, and it cannot be relied to us any responsibility for that.