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€ 2,190,000

Development Land in Lagos, Distrito de Faro

€ 2,190,000
7,080 m²

Description

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. 

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Details

External size:
7,080 m²
Size:
1,416 m²
Exterior Amenities:
Pool
Reference:
EAV-3699

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Position

The advertiser did not provide the exact address of the property. The location on the map is approximate. Request the exact location