Land for sale in Lagos, Portugal — €1,900,000

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.

Land plot for construction, in Praia da Luz, in Lagos, inserted in urban area, with a total area of 2,670 sqm, and with a construction permit area of 2,136.50 sqm, distributed over 3 floors, with feasibility of construction of 24 apartments with typology of 2 bedrooms with approximately each unit 92 sqm, each unit, inserted in a gated community with swimming pool and common green spaces. As the demand is currently higher than the available supply and the average price is around 4,500 € / sqm, it is an investment with a guaranteed return for those who want and have the capacity to develop the project.