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What is the investment potential for plots in Algarve with approved villa designs?

Plot in Praia da Luz

ref. LW2374
310.000€
  • NA
  • 414m2

Investing in plots in the Algarve with approved villa designs presents a lucrative opportunity for buyers. Each plot in this exclusive development offers an approved project for 3 and 4 bedroom luxury villas, which are in high demand in the market. Starting at €310,000, these plots not only promise a beautiful living space but also a solid return on investment due to their prime location between Praia da Luz and Burgau.

With construction areas ranging from 144 m² to 184 m², the potential for bespoke villa designs ensures that your investment is tailored to meet modern living needs. Being less than 5 minutes from the beach, local restaurants, and golf courses enhances the attractiveness for holiday rentals, providing an excellent rental yield.

The development consists of just ten plots, creating an exclusive environment that appeals to luxury buyers, ensuring your investment remains sought-after. Investing in this area not only brings the allure of coastal living but also the potential for growth as further developments are carefully managed. Seize this chance to invest in luxury real estate in one of Portugal's most coveted regions. Contact us to explore more about your future investment!

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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