$688,914

Multipurpose Construction With 2,087m2, Land Of 7,200m2, With Tourist Project

  • 4 Beds
  • 2 Baths
  • 10,764 Sqft
  • Updated: June 18
  • 2

About the Property

The project by French Architect Jorge Léa will come to life within a
old factory of 1425 m² closed for 40 years, built entirely in concrete. This industrial building is
witness to a rich past, and is connected by an underground tunnel to a 662 m² house, also built in concrete. The buildings are connected to a vast plot of land measuring 7200 m².

The Factory is located in a typical
The project by French Architect Jorge Léa will come to life within a
old factory of 1425 m² closed for 40 years, built entirely in concrete. This industrial building is
witness to a rich past, and is connected by an underground tunnel to a 662 m² house, also built in concrete. The buildings are connected to a vast plot of land measuring 7200 m².

The Factory is located in a typical village in the Serra Algarvia, Ponte de Salir, overlooking the countryside, in a rural environment. It is served by excellent access roads to the beaches, Faro airport and highways. It is just a few kilometers from golf courses.
In a privileged location to be discovered, this property consisting of an old house with an imposing facade, a factory with warehouse, several outbuildings, patios, with a total construction area of ​​1,450m2, and a land measuring 7,200m2, adjacent, is a unique opportunity to implement an aesthetically modern project. A true uncut gem.

This space allows for various types of investment, such as a Charming Hotel or Senior Residence. There is the possibility of installing other real estate projects.

In the building of the old factory, COFAL, the Alfarroba Syrup Factory in Ponte de Salir, was located, which is umbilically linked to Albufeira, once a major center for the Commercialization and Processing of Dried Fruits in the Algarve, and which currently shows a desire to recover through the creation of a Monthly Market that will serve not only to preserve its Culture, but also those who cultivate and transform the region’s good products, and can make them reach fresh to all consumers.

One of the exponents of this activity was the Sequeira Family Carob Syrup Factory, transferred in the 1960s from the area currently known as ”Ribeira Parque” at the beginning of Av. da Liberdade, to the site of Ponte de Salir, in Salir, where for many years it worked as the only unit in the entire Iberian Peninsula, producing for the National Coffee Industry, and also for the Chocolate Industry in Switzerland. Cofal worked intensely in the 1970s/80s.

We are Credit Intermediaries duly authorized by Banco de Portugal (Registration 347).
We manage your entire financing process, always with the best solutions on the market.

Excellent investment opportunity.
  • Property type

    Villa

  • Year built

    1927

  • Price/sqft

    $64

Features

  • Garden
  • Terrace
  • Fireplace
  • Mountain View
  • Game Room
  • 2D Floor Plan
  • Investment Property
  • Basement
  • High Ceiling
Features

Lot

  • Mountain View
  • Investment Property

Indoor

  • High Ceiling
  • Fireplace
  • Game Room
  • Basement

Outdoor

  • Terrace
  • Balcony
  • Parking
  • Garden

Explore the Area

Estrada Municipal Ponte de Salir, Algarve, Portugal View on Google Maps
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CENTURY 21 Colombo

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CENTURY 21 Colombo
Portugal
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133
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2022
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CENTURY 21 Colombo
Lisboa, Portugal
View agency profile
Last updated
June 18
First listed
Feb 28, 2022
Listing reference
C0222-03716
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