Investing in this large residential plot near Camilo Beach provides permission for two homes and a total asking price of €4,000,000. The two approved opportunities can be separated, with the larger House 1 project priced at €2,000,000 and House 2 priced at €1,000,000. The site covers approximately 40,396m² and occupies an exceptional coastal position in Lagos. Camilo Beach and Praia Dona Ana are both within walking distance. The nearest beach is approximately 64 metres from the land. Ocean and panoramic countryside views extend over Meia Praia towards Alvor. Such a setting can appeal to buyers seeking a prestigious Algarve residence with strong lifestyle appeal. The approved plans reduce some of the uncertainty associated with buying undeveloped land. House 1 has an approved construction area of approximately 244m². House 2 has an approved construction area of approximately 111m². The documentation also refers to a 109m² outbuilding with permission for approximately 111m². The separate-plot arrangement gives an investor flexibility over phasing, resale or individual ownership. It may also suit a buyer wishing to create a principal home alongside a second residence. Potential holiday rental income could be considered because Lagos attracts beach, cultural, golf and international visitors. Rental income and ROI would depend on the final homes, operating model, licensing and prevailing demand. The historic centre is approximately 1 kilometre away, offering restaurants, cafés, shops and local heritage. Boavista Golf Course is around 3 kilometres from the plot. Faro Airport is approximately 90 kilometres away. Tarmac access supports convenient entry to this residential development site. Contact us now to discuss the approved projects, investment strategy and viewing arrangements.
• 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
