Land for sale in Lagoa, Portugal — €3,090,000

Land overview

Land classification in this area is rural. Restrictions associated with the REN ecological reserve have been identified in this area. Review the details and confirm all relevant conditions before making a decision.

About this land

Original listing description, in Portuguese.

Plot of Land for Tourism Development Lagoa, Algarve Price: 3.090.000 Excellent investment opportunity on a plot of land with high potential for tourism development, located in the municipality of Lagoa, one of the most sought after areas of the Algarve. The property has a total area of 15,620.00 m² and benefits from a project currently being approved by the Municipality of Lagoa for the construction of a Rural Tourism Hotel (TER) with 48 rooms, designed to integrate comfort, sustainability and enhancement of the natural surroundings. Key features: Total land area: 15,620.00 m² Construction area: 2,000.00 m² Approximate basement area: 806 m² Project in approval for TER Hotel with 48 rooms This is a unique opportunity for investors and developers looking to develop a high-quality tourist development in a privileged location, close to beaches, golf courses, main access roads and all essential services. This land confronts another land with the same characteristics. For more information, technical documentation or to schedule a site visit, please contact us.