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What is the cost of building on a large coastal plot in Algarve?

Plot in Lagos

ref. LW1972
4.000.000€
  • NA
  • 506m2
  • 40.396m2

The cost of building on this large coastal plot in Algarve is approximately €4,000,000, which includes rights for a construction area of approximately 244m². With the opportunity to develop a stunning property nestled between Praia Dona Ana and Camilo beaches, this plot is ideal for buyers looking to create their dream home. The area boasts breathtaking ocean views, adding to the property's appeal. Located just 64m from the beach and within walking distance of the historical centre of Lagos, you’ll find cultural attractions, restaurants, and golf amenities readily accessible. This property is more than just a plot; it’s an investment in lifestyle, offering proximity to leisure activities and natural beauty. Furthermore, there's an additional outbuilding permitted, allowing for more flexible development options. Owning this land not only secures a prime location but also promises significant potential for rental income should you choose to develop and lease the property. Whether you see this as a personal retreat or an investment opportunity, it's an unmatched find in the west Algarve region. Contact us now to schedule a viewing or for further information!

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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