Land for sale in Lagos, Portugal — €1,150,000

Land overview

Land classification in this area is rural. Restrictions associated with the REN ecological reserve and RAN agricultural 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.

We present an excellent investment opportunity in Lagos, Algarve. This extensive plot of land, totaling 211,782.32 m², is situated near the National Road 125, offering easy access and convenience. The prime location is just 10 minutes from Praia da Luz, one of the most beautiful beaches in the region. Currently, the land features a 300 m² ruin, but there is significant potential for development. Provisional information suggests the possibility of constructing a residence up to 500 m² or a rural tourism venture up to 2,000 m². With the perfect combination of a strategic location, proximity to tourist attractions, and development potential, this property is ideal for investors looking to capitalize on the growing real estate market in the Algarve. Don’t miss the opportunity to transform this land into a profitable and highly sought-after venture.