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What are the investment opportunities for residential plots in Luz?

Plot in Praia da Luz

ref. LW2374
310.000€
  • NA
  • 414m2

Investment opportunities for residential plots in Luz are highly appealing, primarily due to their strategic location and approved projects for luxury villas. With a starting price of £310,000, you can purchase a plot ranging from 414m², set in a tranquil environment between Praia da Luz and Burgau. The approved projects allow for 3 and 4-bedroom villas with private pools, catering to both holiday homeowners and investors looking for rental opportunities. The Algarve region is increasingly popular, ensuring steady demand for quality housing. As this development is just 2.6 km from the beach, it provides significant appeal for families and tourist rentals alike. Close to essential amenities including shops and schools, this area is perfect for those seeking a convenient lifestyle. The architectural designs feature modern elements, making them suitable for various buyers' tastes. With the area's growth potential, these plots offer an exceptional return on investment. Don’t wait to seize this opportunity; contact us now for further details and to secure your investment!

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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