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

About this land

This unique 7,080 m2 plot of land offers a privileged location behind the Reserva da Luz, just minutes from the famous Praia da Luz – one of the Algarve’s most sought-after destinations for both vacations and permanent residences.It has a maximum gross building capacity of 1,416 m2.With an already approved subdivision project, this investment will allow for:• 7 semi-detached houses of 130 m2 each• 1 detached house of 200 m2• 1 detached house of up to 300 m2All houses can have two floors plus a basement, as well as a private pool and stunning sea views.Amenities included in the project: This unique 7,080 m2 plot of land offers a privileged location behind the Reserva da Luz, just minutes from the famous Praia da Luz – one of the Algarve’s most sought-after destinations for both vacations and permanent residences.It has a maximum gross building capacity of 1,416 m2.With an already approved subdivision project, this investment will allow for:• 7 semi-detached houses of 130 m2 each• 1 detached house of 200 m2• 1 detached house of up to 300 m2All houses can have two floors plus a basement, as well as a private pool and stunning sea views.Amenities included in the project:• Private parking for each house• 5 parking spaces shared with the housing complex• 1 parking space adapted for people with reduced mobility• 3 public parking spacesAll houses are permitted to have two floors, a basement, and a swimming pool, all with sea views.If this isn’t a project for you, you can always build your own.It’s a rare investment opportunity in a region where demand is high. Contact us and learn more about this project with enormous potential!