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!