Land for sale in Lagoa, Portugal — €1,450,000

About this land

Original listing description, in Portuguese.

This plot has viability and a project approved by Lagoa Municipal Council for the construction of a two-storey rural tourism hotel (TER), with a built area of 2.000 m² above-ground floor and a built area of 853 m² in the basement (intended for car parking, technical areas and storage) comprising two two-storey buildings with a total of 15 accommodation units and 39 bedrooms altogether: 11 three-bedroom apartments, 2 two-bedroom apartments and 2 one-bedroom apartments, with the option to amend the plans and add further rooms. The development will include a reception area, a retail area, a swimming pool, a bar, laundry facilities, a leisure room, green spaces, as well as an underground car park for 10 vehicles with private storage rooms and outdoor parking spaces for 25 vehicles. This project a perfect blend of urban convenience and natural beauty has already been approved, and all the necessary permits have been obtained. Construction is ready to start! Price for the plot excluding building costs.