Urban Plot with Approved Project and Sea View – Praia da Luz, Lagos
An excellent investment opportunity is presented in one of the most sought-after areas of the Algarve. This urban plot, with a total area of 7,080 m², benefits from a privileged location, close proximity to the sea, and open views over the ocean.
With approved building feasibility, the plot allows for the develop
Urban Plot with Approved Project and Sea View – Praia da Luz, Lagos
An excellent investment opportunity is presented in one of the most sought-after areas of the Algarve. This urban plot, with a total area of 7,080 m², benefits from a privileged location, close proximity to the sea, and open views over the ocean.
With approved building feasibility, the plot allows for the development of a high-quality residential project, suitable both for permanent living and for returns in the tourism and investment markets.
The currently approved construction capacity allows for:
• 7 semi-detached villas of approximately 130 m² each; • 1 detached villa of approximately 200 m²; • 1 detached villa of up to 300 m².
The villas may be developed over two above-ground floors plus a basement, offering generous interior spaces, private swimming pool, parking, and sea views from all units.
The project also includes:
• Private parking for each villa; • Shared parking spaces for residents; • Public parking spaces.
There is also the possibility of submitting an alternative project, subject to approval, allowing the concept to be adapted to the investor’s needs and strategy.
Set in a quiet urban environment, just a few minutes from Praia da Luz, shops, services, and main access roads, this plot offers all the conditions for a solid investment with strong potential for appreciation.
If you are looking for a secure investment with excellent growth potential just steps from the sea, this is an unmissable opportunity.
Contact me for more information or to arrange a visit.
• I speak French, Portuguese, English, and Spanish. • I share commission 50/50 with all agencies. #ref: 769280