Land for sale in Lagos, Portugal — €2,190,000

Land overview

Land classification in this area is urban. Review the details to better understand this land classification and confirm the relevant considerations before making a decision or planning your next steps.

About this land

Original listing description, in Portuguese.

Urban Plot with Approved Project and Sea View – Praia da Luz, LagosAn excellent investment opportunity is presented in one of the most sought-after areas of the Algarve. This urban plot, with a total area of 7,080 m², benefits from a privileged location, close proximity to the sea, and open views over the ocean.With approved building feasibility, the plot allows for the development of a high-quality residential project, suitable both for permanent living and for returns in the tourism and investment markets.The currently approved construction capacity allows for:• 7 semi-detached villas of approximately Urban Plot with Approved Project and Sea View – Praia da Luz, LagosAn excellent investment opportunity is presented in one of the most sought-after areas of the Algarve. This urban plot, with a total area of 7,080 m², benefits from a privileged location, close proximity to the sea, and open views over the ocean.With approved building feasibility, the plot allows for the development of a high-quality residential project, suitable both for permanent living and for returns in the tourism and investment markets.The currently approved construction capacity allows for:• 7 semi-detached villas of approximately 130 m² each;• 1 detached villa of approximately 200 m²;• 1 detached villa of up to 300 m².The villas may be developed over two above-ground floors plus a basement, offering generous interior spaces, private swimming pool, parking, and sea views from all units.The project also includes:• Private parking for each villa;• Shared parking spaces for residents;• Public parking spaces.There is also the possibility of submitting an alternative project, subject to approval, allowing the concept to be adapted to the investor’s needs and strategy.Set in a quiet urban environment, just a few minutes from Praia da Luz, shops, services, and main access roads, this plot offers all the conditions for a solid investment with strong potential for appreciation.If you are looking for a secure investment with excellent growth potential just steps from the sea, this is an unmissable opportunity.Contact me for more information or to arrange a visit.• I speak French, Portuguese, English, and Spanish.• I share commission 50/50 with all agencies.#ref: 769280