Land for sale in Lagoa, Portugal — €1,167,650

About this land

Original listing description, in Portuguese.

In the picturesque heart of Carvoeiro, within walking distance of the beach and surrounded by restaurants, shops and all essential amenities, lies a rare investment opportunity in one of the Algarve’s most sought-after locations.This property offers 805 sqm of land and benefits from an approved Prior Information Request (PIP) granted by the Municipality of Lagoa, validating the urban planning feasibility for the development of an exclusive residential project comprising 9 luxury apartments (1, 2 and 3-bedroom duplex units).Each residence has been carefully designed to deliver a premium lifestyle concept, including: In the picturesque heart of Carvoeiro, within walking distance of the beach and surrounded by restaurants, shops and all essential amenities, lies a rare investment opportunity in one of the Algarve’s most sought-after locations.This property offers 805 sqm of land and benefits from an approved Prior Information Request (PIP) granted by the Municipality of Lagoa, validating the urban planning feasibility for the development of an exclusive residential project comprising 9 luxury apartments (1, 2 and 3-bedroom duplex units).Each residence has been carefully designed to deliver a premium lifestyle concept, including:✔ Private swimming pool✔ Terraces with sea views✔ Private garden✔ Lift access✔ Underground parking✔ Contemporary architecture seamlessly integrated into the Algarve coastal landscapeInvestment Highlights✔ Urban property with approved PIP – enhanced planning security✔ Exclusive project for 9 luxury residences✔ Prime central location – just minutes from the beach✔ Strong capital appreciation potential✔ High appeal to both domestic and international buyers✔ A rare real estate product in CarvoeiroLocated within an ARU zone, the project may benefit from highly attractive fiscal incentives, notably the reduction of construction VAT from 23% to 6%, significantly enhancing the project’s profitability potential.A unique opportunity for developers and investors seeking to create a luxury residential development with planning security, premium location and excellent return potential.For access to the full project dossier, urban planning documentation and investment analysis, please contact ORO Algarve | Luxury Real Estate team.Take advantage in 2026 of an exclusive ORO offer: for any purchase completed with our agency this year, we will cover the legal fees of one of our partner lawyers for the entire buying process in Portugal.Ref : ORO-CAR-002