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What are the investment opportunities for new villas in Praia da Luz?

Plot in Praia da Luz

ref. LW2374
359.399$
  • NA
  • 414m2

Looking for investment opportunities in new villas in Praia da Luz? This exciting development offers building plots with approved plans for both 3 and 4 bedroom luxury villas, making it an excellent option for serious investors. Priced at €310,000 for the plot, this represents a rare chance to enter the Algarve property market. The plots are located conveniently between Praia da Luz and Burgau, ensuring easy access to stunning beaches, delicious restaurants, and essential amenities. Each plot starts at 414m² and offers generous construction areas ranging from 144m² to 184m², allowing for luxurious designs with private pools. This new urbanisation promises to be highly sought after, appealing to families, retirees, and holidaymakers alike, offering potential for excellent rental returns during peak tourist seasons. The careful planning of the development ensures a balance between privacy and community, with all main utilities readily connected. Take advantage of this fantastic opportunity to invest in high-demand property in a beautiful region of Portugal. Hurry up and contact us now to secure your interest in these outstanding investment opportunities!

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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