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What is the investment potential for luxury villa plots in Praia da Luz?

Plot in Praia da Luz

ref. LW2374
363.474$
  • NA
  • 414m2

The investment potential for luxury villa plots in Praia da Luz is exceptionally promising, particularly given the current market trends in the Algarve. Priced at €310,000, these plots are pre-approved for the construction of bespoke 3 and 4 bedroom villas, complete with private pools and elegant designs. Nestled between Praia da Luz and Burgau, these plots are just 2.6 km away from stunning beaches and key local amenities, ensuring attractive living standards.

This new development consists of 10 exclusive plots, offering luxury living in a highly sought-after area known for its beautiful surroundings and welcoming community. The prospective buyers stand to gain from significant growth in property values driven by ongoing demand in the Algarve market.

Utilising the approved building plans, investors can create premium residences that cater to both family living and holiday rental markets, providing excellent rental income opportunities. The surrounding area boasts essential services, golf courses, and popular restaurants, reinforcing the desirability of the location.

Considering the increasing interest from both local and foreign buyers, investing in such plots represents not only a chance to enjoy a luxurious lifestyle but also an invitation to secure a stake in a burgeoning market. Areas like this are known for drawing attention, which enhances the likelihood of future price increases. If you’re interested in exploring investment opportunities here, get in touch with us today!

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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