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What investment opportunities are available for constructing villas in Luz, Portugal?

Plot in Praia da Luz

ref. LW2374
310.000€
  • NA
  • 414m2

Investing in constructing villas in Luz, Portugal presents an exciting opportunity you shouldn't overlook. This unique development offers approved building plots specifically for designing 3 and 4 bedroom luxury villas with private swimming pools. Situated strategically between Praia da Luz and Burgau, the plots provide stunning access to regional amenities and coastal features, ideal for discerning buyers or investors. Available for 310,000 euros, each plot varies from 414m² to larger configurations, allowing for creativity in villa designs. The area is known for its robust rental market, ideal for generating passive income, making it perfect for any investment portfolio. With construction areas from 144m² to 184m², there is ample room for personalization, plus the outdoor space promotes entertainment and relaxation. Excellent connectivity to shops, schools, and scenic beaches bolsters the appeal of this investment. The ongoing development and enhancement of the Algarve region continue to boost property values, ensuring a promising return on investment. Take the leap into this vibrant market and create exquisite villas in one of Portugal’s most cherished locations. Contact us now to seize this investment opportunity and start planning your dream property!

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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