Monchique, Faro 8550

Magnificent mixed land located in a quiet area in the heart of nature and wonderful contemplation, located at the top of the mountain, on the site of Picota in Monchique, overlooking 360degrees, covering a vast area between the summit of Picota and the foot hills of the mountain, of 12 hectares.This land has feasibility of construction, granted by the municipality, of Tourist Resort for rural tourism with capacity of 69 rooms, located on the half slope facing south, harmoniously conceived, as an integral element of the natural landscape There is also an innovative project, with prior opinion, for the implementation of a cable car that would connect the summit of Picota to the center of Monchique, and a support station with panoramic restaurant.Good investment opportunity Energy Rating: Exempt ref:TERMMAG002