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Why should I invest in a plot with approved project in the west Algarve?

Plot in Lagos

ref. LW1972
4.000.000€
  • NA
  • 506m2
  • 40.396m2

Investing in a plot with an approved project in the west Algarve is a compelling opportunity for numerous reasons. This particular plot, priced at €4,000,000 for the larger construction option, or €1,000,000 for the smaller approved project, offers stunning ocean views and is just moments away from two magnificent beaches. Set within walking distance of the picturesque town centre, there are abundant cultural and leisure activities available, making it a fantastic lifestyle investment. Moreover, the property's location between Praia Dona Ana and Camilo beaches establishes it as a desirable spot that attracts potential tenants and holidaymakers alike. The strategic coastal proximity allows for augmented rental potential, particularly during the peak tourist season, ensuring a strong return on investment. Given the allure of this region combined with the approved project for construction, this is an opportunity not to be overlooked. Ready to secure your future in the Algarve? Reach out to us to learn more about this investment!

Usage
Residential
Type
Plot
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Living Area
506 m²
Usable area
355 m²
Plot Area
40.396 m²
Tarmac
Panoramic View, Countryside View
• 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
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