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What are the investment opportunities for building in this new development in the Algarve?

Plot in Praia da Luz

ref. LW2374
3.417.872SEK
  • NA
  • 414m2

The investment opportunities for building in this new development in the Algarve are abundant, as buyers will find plots with approved projects for 3 and 4 bedroom luxury villas. Located strategically between Praia da Luz and Burgau, the plots start at €310,000, making it possible to invest in a premium coastal area. Each plot provides the chance to develop a custom home designed for both personal enjoyment and long-term returns.

With sizes from 414m² and construction areas starting at 144m², the potential for well-designed, spacious family villas is immense. This new urbanisation prioritises quality and offers the benefit of housing designs that include private pools, enhancing its appeal to families and holidaymakers alike.

As the Algarve continues to attract tourists and new residents, investing in these plots represents a unique opportunity. Being so close to beautiful beaches (only 2.6 km away) and local amenities, including schools and golf courses, positions your investment for strong potential returns, whether through rentals or property appreciation.

Furthermore, building in this area allows you to customise your living space to meet both your needs and market demands, increasing your property’s desirability. The development plans encourage a community spirit whilst ensuring privacy with designs that include walled gardens.

The investment landscape in this Algarve development is promising, particularly as the demand for properties in sunny locations like Praia da Luz remains high. If you’re considering a profitable investment in a desirable location, now is the time to act. Contact us today to explore your options and start planning your investment in this exceptional Algarve development!

Usage
Residential
Type
Plot
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Floors
3
Usable area
144 m²
Plot Area
414 m²
Tarmac
Parking outdoors, Private Parking
Private
Countryside View
● Total construction area starts from 144m²
● Plot sizes start from 414m²
● 3 and 4 bedrooms available
● Located between Praia da Luz and Burgau
● 2.6 km to the nearest Beach
● Price does not include the construction

The urbanization will consist of 10 plots with contruction areas between 144m² to 184m² and between 414m² - 1059m² for total plot areas. The approved project allows the construction of 3 and 4 bedroom houses with a swimming pool, and two floors above ground and one floor below ground.

There are 6 detached villas and 4 linked villa designs/plots.
This new development will be highly sought-after, with its location being close to shops, schools, restaurants and beaches making this a great investment choice as a family or holiday home.

The property consists of:
• 2 floors above ground
• 1 lower ground floor

Outside
• Swimming pool
• Walled gardens

Amenities

• Connections to mains utilities

Location

• 2,6km from the Beach
• 2,4km to Praia da Luz
• 7,6km to nearest golf course (Espiche)
• 1,5km to nearest school
• 93,2km to Faro Airport

Other Info

Price does not include construction
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