Investing in this development plot within walking distance of Lagos Old Town offers access to a 40,396 m² coastal site priced at €4,000,000. Buyers can also consider two separate plots priced at €2,000,000 and €1,000,000, each with a ruin and an approved project. The approved schemes allow approximately 244 m² and 111 m² of residential construction respectively. The location combines development potential with immediate proximity to beaches, town amenities and ocean views. Praia Dona Ana and Camilo Beach are within walking distance. The closest beach is approximately 64 metres away. Views extend over Meia Praia and towards Alvor, adding strong lifestyle appeal. Lagos Old Town is only about 1 kilometre from the site. Residents or guests can walk to restaurants, cafés, shops and historic attractions. The surrounding Algarve setting is well suited to relaxed coastal living and outdoor activities. Boavista Golf Course is approximately 3 kilometres away. Faro Airport is around 90 kilometres from the property. The land has tarmac access, which is useful for construction logistics and future occupation. A 109 m² outbuilding also has permission for 111 m² according to the approved project information. The separate purchase structure gives investors flexibility over the scale of their commitment. Future homes could be retained as personal residences, sold individually or operated as high-quality holiday accommodation. Rental potential may benefit from the beaches, views and established appeal of Lagos, although no specific ROI is guaranteed. The approved planning position can help investors progress more efficiently than with land requiring an entirely new proposal. Contact us to assess this coastal investment opportunity and obtain the supporting documentation.
• 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
