Investing in this large residential plot close to Lagos old town and the coast gives buyers access to an approved coastal development opportunity priced at €4,000,000. The approximately 40,396m² site is positioned between Praia Dona Ana and Camilo beaches, creating strong lifestyle and location appeal. Planning permission is in place for a principal building of approximately 244m². The approved information also includes a 109m² outbuilding with permission for approximately 111m². Such existing project permissions may help provide a clearer starting point than completely undeveloped land, subject to professional verification. The beach is approximately 64 metres away. Panoramic ocean views reach over Meia Praia and towards Alvor. Lagos old town is within walking distance, supporting access to restaurants, culture, shops and local amenities. This combination can appeal to purchasers seeking a prestigious private residence or a differentiated Algarve investment. The property may also suit a holiday-home strategy or premium rental concept, although income and ROI will depend on the final build, operating model and applicable regulations. Buyers can purchase the full landholding or examine the option of acquiring two separate plots. House 1 is priced at €2,000,000 with approximately 244m² of approved construction. House 2 is priced at €1,000,000 with approximately 111m² of approved construction. The separate options may allow investors to match their acquisition with available capital and development objectives. Boavista Golf Course is approximately 3 kilometres away. Faro Airport is around 90 kilometres from Lagos. Tarmac access adds practical convenience for construction and future occupation. Contact us now to assess the project documents, discuss investment potential and arrange a site visit.
• 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
