Buying this residential plot near Lagoa could be an attractive investment for purchasers seeking serviced land in the Algarve. The 1,484m² site is available for €370,000, with the price relating to the plot only and excluding construction costs. Its location between Lagoa and Estômbar places it near amenities, golf courses, beaches and international education. Electricity, gas and water are already available at the site, potentially simplifying the early stages of development. The land has tarmac access and good connections to the N125. A 297m² implantation area is indicated. The permitted construction area is 386m². A large detached villa with a pool and garden is considered viable. No project has been submitted, giving an investor the flexibility to create a design suited to the intended market. The surrounding urbanisation consists of large villas with swimming pools. A supermarket within walking distance supports convenient day-to-day living. The nearest golf course is about 1.5km away, which may strengthen the appeal for holiday-home or seasonal rental use. The nearest beach is approximately 6.4km away. The sea is around 5km from the plot. Nobel International School is roughly 4.4km away and may broaden the potential appeal to relocating families. Restaurants, cafés and a water park are also close to the site. A completed villa could be considered for personal use, resale or rental income, although ROI and rental performance would depend on the final project, costs, approvals and market conditions. The countryside surroundings offer a lifestyle advantage while remaining close to essential services. Buyers should obtain independent planning, financial and construction advice before committing to the investment. Contact us now to arrange a viewing and evaluate this serviced Lagoa building opportunity.
• Plot size 1.484m²
• Implantation area 297m²
• Construction area 386m²
• The price includes the plot only, not the construction costs
• Nearest beach 6.4km
Located between Estômbar and Lagoa on a small urbanization consisting of large villas with swimming pools within walking distance of a large supermarket and good access to the N125. Very close to two golf courses, a water park and the Nobel international School.
No project has been submitted as yet but it is viable to construct a very nice one story detached villa which would have a garden and swimming pool.
Amenities
• Electricity, gas and water at site.
Location
• Distance from sea 5km
• Nearest golf 1.5km
• Nearest beach 6.4km
• Nobel school 4.4km
• Distance to airport 61km
