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What are the investment opportunities for plots in Lagos, Portugal?

Plot in Lagos

ref. LW1972
44.916.472NOK
  • NA
  • 506m2
  • 40.396m2

The investment opportunities for plots in Lagos, Portugal, are abundant, especially with this very large coastal plot now available for sale. Priced at €4,000,000, this plot of 40,396 m² comes with approved planning permission for residential development, making it an excellent option for serious buyers looking to invest. Situated just a minute away from the historic town centre and within a short walk to two stunning beaches, this location is ideal for those seeking both residential comfort and rental potential. With views that stretch across the ocean and nearby attractions, this plot is positioned to attract significant interest from tourists and residents alike. The growing demand in the Algarve real estate market continues to make properties in this area a savvy investment decision, especially for vacation rentals. Furthermore, the flexibility to purchase as one large plot or divide into two separate units offers investors versatility in their development plans. Being close to the renowned Boavista Golf Course and local amenities enriches the potential for high return on investments. With all these factors combined, investing in this Lagos plot represents a wise choice for future growth and profitability. For more details on this attractive investment, don't hesitate to contact us 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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