$2,559,365

Real Estate Opportunity: Pre Approved Condominium For Sale In Western Algarve

  • 15,242 Sqft
  • 1.75 Ac lot
  • Updated: November 26, 2025
  • 1
    Views for last 30 days

About the Property

This remarkable property offers a rare and exciting opportunity to secure pre-approval for a high-potential development project in one of the most desirable areas of the Western Algarve. Located just a short walk from both the beach and the charming center of Praia da Luz, this plot of land combines convenience, beauty, and investment potential. With pre-approval in place for a thoughtfull

This remarkable property offers a rare and exciting opportunity to secure pre-approval for a high-potential development project in one of the most desirable areas of the Western Algarve. Located just a short walk from both the beach and the charming center of Praia da Luz, this plot of land combines convenience, beauty, and investment potential. With pre-approval in place for a thoughtfully designed small condominium, the project envisions seven terraced villas and two detached villas, perfectly suited for creating a gated community in a peaceful setting.



What makes this property truly exceptional is its stunning sea views, which add a unique appeal to the proposed development. This opportunity is ideal for developers looking to create an exclusive enclave that seamlessly blends modern luxury with the relaxed charm of coastal living. 



The proposed mix of terraced and detached villas brings versatility to the project, appealing to a variety of preferences and lifestyles. Whether future buyers seek the privacy of a standalone villa or the community feel of a terraced home, this development could meet diverse demands within a unified and harmonious design. The gated community concept adds an additional layer of exclusivity and security, making this project even more attractive to discerning buyers.



For investors and developers dreaming of a real estate venture in Portugal’s Algarve, this property stands out as a prime choice. The pre-approval simplifies the initial stages of the development process, allowing for faster execution of plans and minimizing delays. This ensures that your vision for a luxury coastal community can be brought to life with efficiency and precision.



In summary, this property represents an unparalleled opportunity to invest in the Western Algarve’s thriving real estate market. Its ideal location, breathtaking sea views, and pre-approved project for a small condominium make it an exceptional proposition for those looking to create something truly special. 

  • Property type

    Land

  • Price/sqft

    $167

Features

  • Pool
  • Water View
  • Sea View
  • Gated Community
  • Coastal
  • Investment Property
  • Privacy

Explore the Area

PRAIA DA LUZ, Faro, Algarve, Portugal View on Google Maps
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Exclusive Algarve Villas

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Exclusive Algarve Villas
Portugal
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238
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2019
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Exclusive Algarve Villas
Exclusive Algarve Villas
Avenida Tivoli, Corpo B - Bloco 3 - R/C esquerdo - Vilamoura, 8125-410, Vilamoura, Portugal
View agency profile
Exclusive Algarve Villas, established in 2006, is a boutique luxury real estate agency based in the Algarve and an
Exclusive Algarve Villas, established in 2006, is a boutique luxury real estate agency based in the Algarve and an award-winner of various titles such as ”Best Luxury Independent Real Estate Brokerage in Portugal” from the International Property Awards and Luxury Lifestyle Awards.

We focus on personalized service and high quality properties across the Western and Central Algarve, offering a portfolio of carefully selected properties, including both traditional and modern villas, luxury apartments, building plots and new developments.

With offices in Lagos, Lagoa (Carvoeiro), and Vilamoura our agency operates by appointment 7 days a week. Our multilingual team assists clients in English, Portuguese, French, German, Dutch and Spanish.

Combining years of qualtiy service and local knowledge, Exclusive Algarve Villas is your trusted partner for buying & selling luxury real estate in the Algarve.
Last updated
November 26, 2025
First listed
Sep 26, 2023
Listing reference
EAV-3699
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