Commercial Price €550,000 8941. Unique and rare opportunity to purchase an approved project in a wonderful country setting, just a short stroll from the famous artisan village of Barao de Sao Joao in Western Algarve. Consisting of a beautiful cottage, fully converted consisting of , 2 large bedrooms and large bathroom . A large insulated well-built barn constructed from thermal mass monolithic composites, fire resistant, load-bearing capacity and reduced noise resistant. Area of approved build is 537sqm. Modifications would only need 2nd faze build. Existing buildings approved for Rural Tourism, Residential/Nursing Home, Wellness Centre, Riding School. Among many other opportunities to open a business. You would have the opportunity now to design your home and business to your own needs Project approved now is for 3 luxury tourist apartments. Can be changed to suit your design needs. Internal garden , including swimming pool Approved valuation of earnings after taxes at €75,000 at 70% occupation in the first year. Certified by valuation consultants. Set on a beautiful well maintained 8640m2 fenced plot, surrounded by fruit trees and nature in a very tranquil location with wonderful country and mountain views. 2 working boreholes and an a old working well gives an all year-round supply of water and connection to utilities in place. Opportunities like this very rarely come to market, one of a kind project with lots of scope, excellent business or lifestyle investment. Excellent amenities all within 3k from the property, Barao St Joao 1K, Bensafrim 3K, Bank, Post office, Pharmacy, Doctors, Cash point, Supermarkets, Cafes, Restaurants, Riding schools, Sport centre, Country and Forest Cycle Routes, and many more (Main motorway connection 3K). Located less than 10 min drive into the centre of Lagos or the golden sands of the spectacular South coast beaches, 20 min to the West coast, easy motorway access with an approx 45min drive to Faro airport.