Exceptional Property with Ocean Views — Foia, Monchique Location Set in Foia, Monchique’s most exclusive neighborhood, this charming Portuguese house is surrounded by independent villas and unspoiled nature. Just 5 minutes from Monchique village—with its supermarkets, hot springs, spa resorts, fine dining, art galleries, boutique shops, and hiking trails—and only 30 minutes from Algarve’s golden beaches, the property offers the perfect balance of rural serenity and modern convenience. Protected from northern winds, it enjoys breathtaking panoramic views across the Algarve coast. Nearby landmarks include Foia Peak, the highest point in the Algarve, and the historic Caldas de Monchique thermal spa, famous for its healing waters. Property & Lifestyle Traditional two-bedroom Portuguese house (96.9 m2) with the option to expand up to 280 m2. 2 hectares of land, combining fertile agricultural terraces and a cork oak forest (providing income every 9 years). Ocean and valley views, creating an exceptional sense of peace and privacy. City water and electricity connections, plus a natural drinking water spring flowing year-round. Terraced design with irrigation and a rich selection of fruit trees: lemons, limes, oranges, kakis, bananas, zucchinis, pumpkins, and watermelons. Concrete water basin that can be used for irrigation or converted into a natural swimming pool. Investment Potential This part of Monchique is renowned for luxury transformations: Many traditional houses have been redeveloped into high-end villas, often tripling in market value. The unique blend of prime location and expansion possibilities makes this estate a rare investment opportunity. Established resources—fertile land, water supply, and cork income—add long-term security. In a market where exclusive countryside villas are increasingly sought after, this property offers the chance to create a luxury retreat with enduring value. ✅ Why Choose This Property? ✔ Prestigious neighborhood with proven appreciation potential ✔ Expansion rights up to 280 m2 ✔ Multiple value drivers: cork forest + agriculture + villa potential ✔ Panoramic coastal and valley views Take the Next Step Contact us today to schedule a private viewing. With IAD Portugal, part of an international group present in France, Spain, Italy, Germany, Mexico, the UK, and the United States, you benefit from global reach and trusted expertise to realize your real estate vision. #ref: 150130