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What budget is needed for an Algarve plot with an approved three- or four-bedroom pool villa design?

Plot in Praia da Luz

ref. LW2374
310.000€
  • NA
  • 414m2

The listed budget for an Algarve plot with an approved three- or four-bedroom pool villa design is €310,000 for the plot, with construction costs payable separately. This opportunity is located between Praia da Luz and Burgau, approximately 2.6 km from the nearest beach. The approved project provides a starting construction area of 144m² and includes a private swimming pool. Buyers should therefore allow additional funds for building, professional fees, finishes, landscaping and associated project costs. Plot sizes in the development range from 414m² to 1,059m². Construction areas across the designs range from 144m² to 184m². The villa concepts include three or four bedrooms for flexible family and guest accommodation. Two floors are planned above ground, with a further lower-ground floor. Walled gardens create private outdoor space around each proposed home. Mains water, electricity and drainage connections are available. Outdoor private parking is included in the specifications. The scheme contains 10 plots, comprising six detached and four linked villa designs. Praia da Luz is around 2.4 km away for coastal walks, local services and seaside living. Burgau is also nearby with a sandy beach, restaurants and village amenities. Espiche Golf is approximately 7.6 km from the site. The nearest school is about 1.5 km away, which may appeal to families planning longer-term use. A completed pool villa could generate holiday rental income while retaining personal-use potential. Expected ROI will depend on the total development budget, rental management, occupancy, seasonality and market conditions. Contact us for the current availability, full cost guidance and details of the approved villa designs.

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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