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What is the asking price for a 3 or 4-bedroom pool-home site in the Algarve?

Plot in Praia da Luz

ref. LW2374
259.915£
  • NA
  • 414m2

The asking price for the available 3 or 4-bedroom pool-home site in the Algarve is €310,000. The site measures 414m² and includes an approved project for a luxury villa with a private swimming pool. A construction area of at least 144m² is planned, while the building cost is not included in the asking price. Located between Praia da Luz and Burgau, the plot is positioned for both lifestyle and investment buyers. It forms part of a 10-plot development within a high-end urbanisation. Buyers can choose between approved concepts for detached and linked villas, subject to current availability. The villa designs include two floors above ground and one lower-ground floor. Three and four-bedroom layouts are available within the project. Walled gardens are intended to provide privacy around each completed home. Mains water, electricity and drainage connections are available at the development. Private outdoor parking is another practical feature for owners and guests. Plot sizes across the development range from 414m² to 1,059m². Approved construction areas range from 144m² to 184m². The nearest beach is approximately 2.6 kilometres away. Praia da Luz, with its beach, restaurants, shops and services, is about 2.4 kilometres from the site. Burgau is also nearby and offers a popular coastal setting for day trips and dining. Espiche Golf is approximately 7.6 kilometres away for recreational use and potential visitor appeal. A school around 1.5 kilometres away may make the location suitable for a family home as well as a holiday property. The completed villa could provide rental potential in the Algarve, although projected ROI will depend on construction costs, financing, management and occupancy. Contact us today to confirm the current price, review the approved plans and arrange a viewing of the development.

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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