Farm In Lagos, Praia Da Luz, 4.6 Hectares, 2 Houses, And 2 Warehouses

This 4.6-hectare property is located in one of the most sought-after areas in southern Portugal, in the western Algarve, strategically located equidistant from the cosmopolitan city of Lagos and the charming Praia da Luz (about 1.5 km).
It offers conditions for development with a strong return, whether in the area of luxury rural tourism, in the agro-residential concept, or as an exclusive residence.
It has 937 m² of built area, distributed as follows:
1 old house, habitable but in need of renovation, with 121 m²;
1 ruin with 116 m², with the possibility of building a house up to 300 m², an agrotourism property up to 600 m², or a country house up to 600 m²;
2 agricultural warehouses with approximately 700 m². They have an approved project for total renovation (photos 9, 10, and 12), with open-plan interiors, and the specialized projects are currently underway.
A water tank with a capacity of 141,000 liters (141 m³).
The highly fertile, stone-free soil, combined with a legalized borehole with abundant water (48 m water height, measured in August), as well as a huge profusion of large trees, reinforces the landscape and agricultural potential.
The northern part of the property has sea views along the Vale Verde.
Both to the north and south, the property has excellent access, as it borders the Luz road to the south and the old EN125 to the north.
The proximity to the sea, the privileged access, the large existing construction area and its potential for expansion, as well as the beautiful and extensive rustic area, the fertility of the land, and the abundance of water, make this property a rare asset with high strategic potential for appreciation in the short and medium term.
Rare property, High appreciation potential, Algarve, Lagos, Praia da Luz.