************Reduced Price*************
Site for sale in the western Algarve which is home to a rich variety of scenarios and historic and cultural routes.
The site has planning permission for Portugal's first solar condominium.
The planning permission is for a total of 200 apartments and a health club.
159 1 bed and 41 2 bed.
Asking Price is €13 million.
Now €9 million

The site is a magnificent piece of land near the Rocha beach, one of the most important touristic points in the Algarve, where golf, aquatic sports, tennis and horse riding may be practiced in lovely locations at short distances at a low price.

After choosing an architect with a known passion for innovation, we looked for a luxury technical team able to implement the latest generation of technological equipments for solar energy.

After some months of hard work, S Jose da Rocha was born, a solar condominium with privacy, exquisite good taste and environmental sustainability

photovoltaic panels made of double glass are used that encases a thin film of silicon engraved by laser /to allow a better energy capture, we were certain that it would be the best aesthetical option and you can judge it now by yourselves.

The solar energy collected by the photovoltaic panels, already transformed in a continuous current / passes through a converter that transforms it in an alternated current /and after by a meter / being sold to the public network (EDP).

This electric energy is considered as green energy and is paid by the distributors of electricity three times higher than the price of normal energy, in a way to incentive the installation of systems of production of this kind of energy

These panels build a protection for the balcony of each apartment as well as an artistic form to cover the side walls being also a part of the covering of the whole building.

The other part is covered by the last generation of solar thermal panels (for the heating of the sanitarian and the pool water).

In this way and considering the sum of high levels of hours of sun light that the Algarve possesses, its average by year together with its high intensity, makes Algarve the sunniest region in Europe. The energy sold to the electricity distributor’s company will be enough to cover the costs of functioning of every kitchen exhaustions, every bathroom exhaustions (both operated by sensors of temperatures and vapours) the light of every communal areas, all the elevators, all the air conditioning devices of every apartment and also the ventilation of the garages. The solar thermal panels will provide the heating of the water in a closed circuit, for every apartment individual cylinder, will heat the water of the pool and will also do a pre heating of the air conditioning water.