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Why should I invest in a coastal plot with approved building projects in the Algarve?

Plot in Lagos

ref. LW1972
4.000.000€
  • NA
  • 506m2
  • 40.396m2

Investing in a coastal plot in the Algarve offers numerous benefits, especially with approved building projects like this stunning 40,396m² property in Lagos priced at €4,000,000. Close to the historic centre and merely 64 metres from the beach, this plot features permission for a substantial home plus an outbuilding, providing excellent development potential. Such an investment not only promises a desirable lifestyle but also great rental potential in one of Portugal's most sought-after locations. Explore this opportunity today!

Usage
Residential
Type
Plot
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Living Area
506 m²
Usable area
355 m²
Plot Area
40.396 m²
Tarmac
Panoramic View, Countryside View
• Plot of 40.396m²
• Permission for a building of approx. 244m²
• 109m² outbuilding with permission for 111m²
• Walking distance to two fantastic beaches and the historic city centre
• Distance to the beach 64m

This large plot is located between the picturesque Praia Dona Ana beach and the idyllic cove of Camilo. With magnificent views over Meia Praia beach opposite and all the way to Alvor, it is within walking distance of the historic town of Lagos.

The land can purchased as one, or as two separate plots, each with a ruin and approved project.
House 1 is €2,000,000, construction area in approved project approx. 244m²
House 2 is €1,000,000, construction area in approved project approx.111m²

This is a unique opportunity to own a dream property in a stunning location.
For further information please contact us.

Location

• Distance to the sea 0km
• Distance to the beach 64m
• Distance to Boavista Golf Course 3km
• Distance to Faro Airport 90km
• Distance to city centre/ old town of Lagos 1m
• Distance to the nearest school 1,5km
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