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Why invest in a 40,396m² building plot with approved projects near Ponta da Piedade?

Plot in Lagos

ref. LW1972
4.000.000€
  • NA
  • 506m2
  • 40.396m2

Investing in this 40,396m² building plot near Ponta da Piedade gives buyers access to approved residential projects in one of Lagos’s most desirable coastal areas. The complete opportunity is priced at €4,000,000, while the two plots can be purchased separately for €2,000,000 and €1,000,000. Permission is in place for approximately 244m² of construction on the first project and approximately 111m² on the second. The land is only about 64 metres from the beach and sits between Praia Dona Ana and Praia do Camilo. Its panoramic outlook reaches across Meia Praia and towards Alvor. Ponta da Piedade adds a recognised natural landmark and strong visitor appeal to the surrounding area. Lagos old town is approximately 1 kilometre away. This proximity connects future residents or guests with restaurants, shops, historical sites and local services. The property includes a 109m² outbuilding with permission for approximately 111m² of construction. Such approved ancillary space may increase the practical flexibility of the proposed development. Buyers can create a private luxury retreat, two separate homes or a carefully structured investment project, subject to planning and legal verification. The scale of the land provides privacy and scope for considered landscaping. A tarmac road offers established access to the site. Boavista Golf Course is around 3 kilometres away. Faro Airport is approximately 90 kilometres distant, supporting access for international owners and visitors. Premium beach locations in Lagos may offer rental potential for well-designed accommodation, although no specific ROI is guaranteed. Investors should commission independent appraisals covering build costs, market demand, taxation and any applicable rental permissions. The blend of approved development potential, ocean views and walkable amenities creates a compelling long-term proposition. Contact us today to review the opportunity and arrange a viewing near Ponta da Piedade.

Usage
Residential
Type
Plot
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Living Area
506 m²
Usable area
355 m²
Plot Area
40.396 m²
Tarmac
Panoramic View, Countryside View
• 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
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