Investing in this building plot near Lagos's historic town centre offers numerous benefits for buyers looking to capitalise on the vibrant Algarve market. Priced at €4,000,000, this expansive 40,396m² plot comes with approved plans for construction, allowing for a residential development that harmonises with the area's rich cultural backdrop. Located just a short walk to the town centre, residents can easily access local amenities, charming cafes, and historical landmarks that define Lagos. With the nearest beach only 64m away, this property provides an accessible coastal lifestyle coupled with the excitement of urban living. The potential for high rental yields makes this investment particularly attractive, given the tourist appeal of Lagos and the consistent demand for quality accommodations in the area. Developing a property here allows investors to tap into both the residential and holiday rental markets, ensuring a steady income stream. The combination of proximity to stunning beaches, local amenities, and cultural experiences makes this plot a rare find. Don’t miss out on the opportunity to establish a considerable asset in a prime Algarve location. Contact us today to learn more about this exceptional investment.
• 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
