Investment opportunities in Lagos, Algarve, are promising, especially with this large coastal plot available for €4,000,000. Spanning an impressive 40,396 m², this property comes with planning permission that allows for a primary building of approximately 244 m² and an additional 109 m² outbuilding, providing an array of possibilities for development.
Nestled between the esteemed Praia Dona Ana and Camilo Beach, the plot is just 64 meters from the shore, allowing for breathtaking ocean views and easy access to sandy retreats. Its location also makes it ideal for attracting holidaymakers, thereby enhancing its rental potential in the bustling tourist season.
Within walking distance lies the historic town centre of Lagos, packed with charming restaurants, shops, and local culture, making your investment not only profitable but also enjoyable for future residents. The local demand for real estate is consistently rising, affirming that purchasing this plot is a sound financial decision.
In addition to residential prospects, the growing interest in short-term rentals in Lagos can yield significant returns if developed into holiday accommodations. With golf courses and additional amenities just a short drive away, this plot holds even more allure for prospective buyers.
Don’t let this chance slip away to invest in one of the Algarve’s most picturesque areas—take the next step towards building your dream home or rental property today! Contact us to get started on this exceptional opportunity.
• 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
