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€ 1,200,000

Development Land in Vale D'el Rey, Lagoa, Distrito de Faro

€ 1,200,000
16,710 m²

Description

Magnificent property consisting of 2 independent plots, with different articles, a mix of 13,640 m2 with a ruin of 90 m2 and the other, urban, with 3,070 m2 also with its ruin of 70 m2.

On this property it is feasible to build 2 villas, one on each plot and each with an area of 300 m2, the project of each villa may include a basement and swimming pool.

The property, being located in an area of great tourist appetite, offers a true and special investment opportunity, as it is located one km from Benagil beach; Both plots have an enviable location, being presented by a natural and stunning landscape, providing an environment of peace and tranquillity, ideal for the construction of 2 villas either for permanent residence or for investment.

The plots are located in Vale del Rei, one of the most desirable valleys in the Algarve, close to the village of Carvoeiro and the cities of Lagoa and Portimao, close to the beaches of Benagil, Carvalho and Marinha, the latter one of the best known beaches in Portugal. These unique characteristics define this property as an excellent business opportunity, in which the construction of the 2 villas will provide high profitability. This area in the municipality of Lagoa is characterised as a privileged area for housing and tourism.

Contact us and we will provide you with all the details about this spectacular property, undoubtedly the ideal place to build your dream villas!
Energy Rating: Exempt

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Details

External size:
16,710 m²
Size:
161 m²
Address:
Vale D'el Rey
Reference:
MH_462

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Position