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

Plot in Praia da Luz

ref. LW2374
310.000€
  • NA
  • 414m2

Investing in plots with approved projects for 3 and 4 bedroom villas in Algarve offers significant potential due to the high demand for luxury real estate in this popular region. These plots, located between the stunning villages of Praia da Luz and Burgau, provide a fantastic opportunity to build your dream home or a lucrative rental investment. With prices starting at £310,000 and the flexibility to construct luxury villas with private pools, this development promises strong returns on investment in a sought-after area.

The approved projects allow for spacious homes designed over two floors plus a lower ground floor, ensuring ample living space for families or holidaymakers. Not only are the plots conveniently located just 2.6 km from beautiful sandy beaches, but they also feature access to essential amenities like shops, schools, and restaurants nearby.

This location truly stands out, combining serenity with proximity to leisure activities, including golf courses just a short drive away. Furthermore, owning a property here in Algarve secures not only a lovely residence but also an asset within a burgeoning market. As tourism in the region continues to grow, so does the appeal of property investments in this area.

For those seeking to build their vision of a perfect home in a vibrant coastal community, these plots present a unique opportunity. Don't miss out on the chance to invest in a lifestyle that includes sun, sea, and an exceptional quality of life. Contact us to learn more about these plots with approved projects and start planning your investment 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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