Description

Sale of Vacant Property in Vaqueiros, Alcoutim.

We present a unique opportunity to acquire a vacant property with enormous transformation potential, located in the charming town of Vaqueiros, Alcoutim. This property, with a total area of ​​2840m², includes an urban area of ​​1040m².

According to the Right to Information document and municipal information, the property allows construction anywhere on the land, up to a second floor, with a building index of 0.20 (ib).
A building (or use) index of 0.20 (ib or Iu) means that for each square meter of land, the construction of 0.20 square meters of total gross area is permitted.
In this case, 2840m² (land area) x 0.20 (ib) = 568m² (gross building area). Gross Building Area (GBA): This index generally applies to the sum of all floors, including basements, attics, and outbuildings (with some exceptions, such as parking).

Features:

. Porch
. Two outbuildings
. Two pergolas
. Corral
. Backyard
. Pigsties

The main house offers 146m² of usable area, providing ample and versatile space for renovation. In addition, the land includes arable land with almond and olive trees, adding a rustic and traditional touch to the property.

It is not located in RAN (National Agricultural Reserve) or REN (National Ecological Reserve). It is in a Consolidated Urban Area and in a Low Fire Risk area.

It has connections to sewage, water, and electricity networks. It also has a borehole.

It has all the legal and up-to-date documentation and there are no liens, debts or outstanding issues.

Located in Vaqueiros, the largest parish in the municipality of Alcoutim, in the heart of the Serra do Caldeirão mountain range, in a place of great natural beauty, between the pleasant Foupana and Odeleite rivers, it showcases a different Algarve, far removed from the golden beaches with crystal-clear waters, but full of charm and with much to see and discover.

The village is situated in a graceful valley, characterized by its white mountain houses that spread out, revealing its centuries of history. In fact, Romans lived here, as can be seen in the mining activity at the Cova dos Mouros mine, and Moors who greatly influenced the region.

This was an important mining region, with records of four copper mines: Alcaria Queimada, Pedras de Galinhas, Serras de Fora Merenda, and Cova dos Mouros.

This property is ideal for those seeking a renovation or investment project in a tranquil and picturesque region of the Algarve. With a prime location in Cowboys, this property offers the perfect combination of rural serenity and proximity to local amenities.

Don't miss the opportunity to transform this property into a unique space, tailored to your needs and desires. Contact us for more information and to schedule a visit!

At Legacy Group, we offer support in the financing process (if required). Our agency has the service of Credit Intermediaries Authorized by the Bank of Portugal. If you need financing, we can help.