Investing in this 40,396m² development plot near Ponta da Piedade gives buyers access to an unusually large coastal landholding in Lagos. The site is available for €4,000,000 and can also be acquired as two separate approved plots priced at €2,000,000 and €1,000,000. Its scale, planning permissions and location create a strong foundation for a bespoke residential project. The land lies between Praia Dona Ana and Camilo beach in the western Algarve. The coastline is approximately 64 metres away. Panoramic views span Meia Praia and reach towards Alvor. Planning permission is in place for a building of approximately 244m². A 109m² outbuilding has permission for approximately 111m² of construction. The second plot includes an approved project with approximately 111m² of construction area. These existing permissions may help investors move more efficiently towards development than they could with entirely unplanned land. The property is designated for residential use. Lagos Old Town is approximately 1 kilometre away. Its restaurants, cultural venues, shops and services contribute to a year-round lifestyle and visitor appeal. Boavista Golf Course is only around 3 kilometres from the site. Faro Airport is approximately 90 kilometres away. Tarmac access adds practical value for future construction and occupation. The completed homes could be positioned for private ownership, luxury holiday use or longer-term rental, subject to the final design and applicable regulations. The proximity to beaches and the historic centre may support strong demand, although no rental yield or capital return can be guaranteed. Buying the plots separately could provide flexibility for phased development or a smaller entry point. Investors should complete independent due diligence on planning, construction costs, taxation and operating permissions before committing. Contact us now to explore the investment case and arrange a site inspection.
• 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
