If you’re searching for investment opportunities in coastal properties in the Algarve, this impressive plot in Lagos should be on your radar. Available for €4,000,000, this sizable plot not only features stunning ocean views but comes with approved building permissions. With a total area of 40,396 m², the plot allows for a construction of about 244 m² for the main dwelling plus an outbuilding of 109 m². Located a mere one-minute walk from the historic centre of Lagos, and just 64 metres from the beautiful Praia Dona Ana, this property combines luxury living with cultural accessibility. The strategic location between two fantastic beaches enhances its investment potential, making it ideal for vacation rentals or permanent residences. The growing popularity of Lagos as a tourist destination presents excellent opportunities for high rental yields. The project's approval adds to the ease of development, making this plot an exceptional choice for discerning buyers or investors. For those looking to maximise property value in a prime coastal location, this asset stands out. Schedule a viewing and explore the endless possibilities!
• 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
