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Why are building plots in Praia da Luz a great investment opportunity?

Plot in Praia da Luz

ref. LW2374
310.000€
  • NA
  • 414m2

Building plots in Praia da Luz represent a fantastic investment opportunity, especially with pricing starting at €310,000 for plots that come with approved luxury villa projects. Situated strategically between Praia da Luz and Burgau, these plots are less than 5 minutes from beautiful beaches and rich local culture, ensuring high desirability among both locals and tourists.

The area boasts a variety of amenities, from shops and restaurants to golf courses, enhancing both living standards and rental potential. Each plot allows for the construction of elegant 3 and 4 bedroom villas with private pools, making them ideal for family homes or lucrative holiday rentals.

The investment in such plots guarantees access to a premium lifestyle, surrounded by natural beauty and the vibrant Algarve climate. With the region's popularity steadily increasing, these plots promise significant appreciation in value over time.

Also noteworthy is the design flexibility, allowing potential buyers to create bespoke spaces tailored to their needs. This unique selling proposition adds a personal touch that enhances the appeal for renters and buyers alike.

Explore this exceptional investment opportunity in Praia da Luz by contacting us for more details. Act now and secure your spot in this enviable location!

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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