Investing in plots in West Algarve presents numerous opportunities, particularly with this exceptional land parcel in Lagos. Available for a competitive price of €800,000, this 6,960m² plot offers maximum construction potential of 4,050m², positioning it perfectly for residential development. The strategic location just 2km from beautiful beaches and within walking distance of the marina makes it ideal for attracting buyers and renters alike, enhancing its investment viability. The growing demand for residential properties in Lagos accentuates this investment's potential for strong ROI, especially with so many lifestyle benefits nearby, including restaurants, cafes, and a rich cultural heritage. Prospective buyers could capitalise on the rising property values by creating luxury homes or vacation rentals in this coveted area. Be part of the vibrant community of Lagos, where outdoor activities thrive amid picturesque coastal scenery. The property is easily accessible via well-maintained roads, ensuring that residents enjoy a hassle-free lifestyle. Don’t let this opportunity to invest in one of the Algarve’s most desirable regions pass you by. Contact us today to discuss your future investment!
• Amazing development investment opportunity
• Plot Size 6960m²
• Possibility to construct up to 4050m²
• The price includes the plot only, not the construction costs
• Located close to Lagos
• Distance to the beach: 2km
An excellent investment opportunity to purchase a large plot of developmental land in Lagos, close to the award winning marina, historic town centre and stunning selection of beaches.
Of the 6,960m2 plot, there is the possibility for maximum construction area up to 4,050m2 comprising of up to 3 floors. The possibilities of what could be built are open, but could include a development of linked villas or potentially an apartment block for example.
The historic town of Lagos boasts incredible beaches, fantastic restaurants, bars, cafes, plenty of culture and the attractive marina. As a location it is one of the most sought-after areas in the Algarve and property demand and prices are steadily rising. This project offers excellent potential for great return on investment.
Location
• Distance to the beach: 2km
• Distance to the marina 500m
• Distance from nearest golf: 3.5km (Palmares)
• Distance to nearest school: 500m
• Distance to town: 0
