Two remaining truly outstanding, individual building plots are being offered for sale by English owners in the area of Ourique in the Lower Alentejo – just an hour drive from Faro International Airport and the Algarve or 45 mins. from the fabulous West Coast with its famous deserted sandy beaches.
The plots enjoy high points, providing fantastic far reaching views over the Alentejo countryside with the undulating terrain enhancing the spectacular and tranquil settings of these plots.
The plots have easy access to a macadam road and the quaint, peaceful town of Ourique which is only a 10 minute drive away. Ourique hosts a full range of shops, banks, restaurants and services as well as a large national supermarket. Access to the motorway Lisbon/Faro is within 15 minute drive. There is also a fast railway link to Lisbon and Faro.
Planning approval together with building licences have been granted for up to 250 sq mts habitation areas, consisting of four bedrooms, three bathrooms, a substantial kitchen and utility area, a large lounge/dining area with superb panoramic views of the countryside and swimming pool. Electricity is provided adjacent to the plots ready for connection and water would be from a private borehole. The individual approved designs may be modified with the approval of the Council to suite personal requirements and construction area for habitation can be reduced if required from the permitted 250 sq mt.
This is the final opportunity to obtain prime real estate in this very desirable area being described as “the New Tuscany” where quality building plots will disappear rapidly following recent changes in the law restricting further building applications for similar projects with a view to safeguard the natural beauty of the area. These plots were the last to obtain permissions and have licences permitting an immediate start of the construction which is due to commence end 2017. Building costs should be approximately €850 per sq. mt depending on the standard of finishes required. Works have already started on clearing the sites and construction of foundations. These works will be charged at an additional cost for each plot dependent on work completed.
Prices for the plots include Architectural drawings by a leading Algarve designer, including structural plans and full planning approvals for the projects from the Council of Ourique as well as provision of an electricity supply at the entrance to the plots.
Full independent assistance can be given throughout the Legal process as well as setting up Fiscal registration and Bank accounts if required.
Plot 3 2.8Ha €79,000
Plot 5 2.8Ha €95,000
In addition to the above plots there are two further plots of land 3Km to the West of Ourique with potential approval for construction, currently being used as Olive Groves. It is anticipated that these plots will be suitable for Rural Tourism activities subject to final approvals from the Council with permitted construction areas of up to 4% of the plot area.
Plot 1 8.3Ha €120,000
Plot 2 9.4Ha €120,000