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What investment land near Lagos town centre offers permission for two homes?

Plot in Lagos

ref. LW1972
29.900.404DKK
  • NA
  • 506m2
  • 40.396m2

Investment land near Lagos town centre with permission for two homes is available through this 40,396m² coastal plot. The approved projects provide a clear route towards creating two high-value residences in one of the Algarve's most sought-after locations. The site is approximately 1km from Lagos Old Town and only 64 metres from the beach. Buyers may acquire the entire property or purchase the two approved plot opportunities separately. The first approved home has a construction area of approximately 244m². The second project allows approximately 111m² of construction. There is also a 109m² outbuilding with permission for approximately 111m². The full asking price for the development opportunity is €4,000,000. The individual asking prices are €2,000,000 for House 1 and €1,000,000 for House 2. This flexibility can suit private buyers, developers or investment partners. The coastal position gives the future homes attractive views over Meia Praia and towards Alvor. Praia Dona Ana and Camilo Beach are both close enough to reach on foot. Lagos provides restaurants, cafés, shops, services and a lively year-round community. The historic centre adds cultural character and supports the area's holiday appeal. Boavista Golf Course is approximately 3km from the land. Faro Airport is approximately 90km away for overseas owners and visitors. Completed homes could appeal to buyers seeking Algarve residences close to the sea. They may also offer potential for premium holiday or long-term rental income, subject to the relevant permissions and operating requirements. The approved status is a valuable advantage compared with unplanned land. Contact us now to discuss the planning documents, purchase options and viewing arrangements.

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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