For buyers looking for lucrative investment opportunities, this large residential plot in Lagos is a prime choice. Priced at €4,000,000, the plot is set in a highly sought-after area, walking distance from beautiful beaches and the historic town centre. With planning permission granted for a 244m² construction, this property offers great potential for rental income and appreciation in value in the booming Algarve market. Moreover, amidst the spectacular coastal views, the vibrant lifestyle complements the potential of this investment, making it a perfect fit for serious investors. The proximity to local amenities, golf courses, and beaches adds further appeal for potential renters. This plot can also be purchased in two parts, each with their respective project plans, providing flexibility to investors. Given the area's steady growth in tourism and real estate demand, this coastal plot is an exceptional investment opportunity. Take advantage of the chance to secure your financial future with this choice. Contact us to discuss this opportunity further!
• 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
