Land for sale in Lagos, Portugal — €2,100,000

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.

Just 3 km from Lagos with direct access to the A22 at Odiáxere. This 19 hectare property, surrounded by a road, offers ideal conditions for a thriving vineyard. Here are the key features: Total Area: 19 hectares of mostly flat terrain with gentle slopes, perfect for vineyard cultivation. Existing Vineyard: Approximately 1.2 hectares of planted vines ready for revitalization, eligible for funding through the VITIS program. Expansion Potential: Fully documented and authorized to plant an additional 13.5 hectares of regional grape varieties. Eligible for up to 50% grant funding through an agricultural project. Certification: Registered with the Institute of Vine and Wine as a certified wine producer, allowing for official wine production. Building Opportunities: Authorization to build a 500m² residence or a 2,000m² rural tourism/enotourism project. This project is eligible for grant funding through the PRR. Proximity to Key Points: Just 3 km from Palmares Golf Course, 7 km from Penina Golf Course, 12 km from Alvor Airfield, and 13 km from the Algarve International Racetrack. Our Expertise and Partnerships: Established Company: Structured business focused on wine production and real estate with no additional costs for employees, rents, or loans. Planting and Maintenance Partnerships: Strategic alliances with experienced vineyard planting and maintenance companies, including a mobile technical support network across the Algarve. Specialized Consultancy: Access to guidance from an experienced agronomist responsible for large vineyards in the region, available for technical support to optimize cultivation. This property offers exceptional potential for investors seeking opportunities in viticulture or rural tourism in the Algarve. Don’t miss out on this opportunity Contact for more details!