$2,553,051

Urban Land With Great Potential Approved Project For 9 Villas Sea View In Lagos/Luz

  • 15,242 Sqft
  • 1.75 Ac lot
  • Updated: Today

About the Property

This unique 7,080 m2 plot of land offers a privileged location behind the Reserva da Luz, just minutes from the famous Praia da Luz – one of the Algarve’s most sought-after destinations for both vacations and permanent residences.

It has a maximum gross building capacity of 1,416 m2.

With an already approved subdivision project, this investment will allow for:
• 7 semi-detach
This unique 7,080 m2 plot of land offers a privileged location behind the Reserva da Luz, just minutes from the famous Praia da Luz – one of the Algarve’s most sought-after destinations for both vacations and permanent residences.

It has a maximum gross building capacity of 1,416 m2.

With an already approved subdivision project, this investment will allow for:
• 7 semi-detached houses of 130 m2 each
• 1 detached house of 200 m2
• 1 detached house of up to 300 m2

All houses can have two floors plus a basement, as well as a private pool and stunning sea views.

Amenities included in the project:
• Private parking for each house
• 5 parking spaces shared with the housing complex
• 1 parking space adapted for people with reduced mobility
• 3 public parking spaces
All houses are permitted to have two floors, a basement, and a swimming pool, all with sea views.
If this isn’t a project for you, you can always build your own.
It’s a rare investment opportunity in a region where demand is high. Contact us and learn more about this project with enormous potential!
  • Property type

    Other

  • Price/sqft

    $167

Explore the Area

Luz, Faro, Lagos, Sao Goncalo de Lagos, Algarve, Portugal View on Google Maps
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West Coast Realty Aljezur

Joined 7 months ago
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West Coast Realty Aljezur
Portugal
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West Coast Realty Aljezur
Aljezur, Portugal
View agency profile
Last updated
Today
First listed
Jan 22
Listing reference
WCR-H178/12513
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