Description
Urban Plot with Approved Project and Sea View – Praia da Luz, Lagos
An excellent investment opportunity is presented in one of the most sought-after areas of the Algarve. This urban plot, with a total area of 7,080 m², benefits from a privileged location, close proximity to the sea, and open views over the ocean.
With approved building feasibility, the plot allows for the development of a high-quality residential project, suitable both for permanent living and for returns in the tourism and investment markets.
The currently approved construction capacity allows for:
• 7 semi-detached villas of approximately 130 m² each;
• 1 detached villa of approximately 200 m²;
• 1 detached villa of up to 300 m².
The villas may be developed over two above-ground floors plus a basement, offering generous interior spaces, private swimming pool, parking, and sea views from all units.
The project also includes:
• Private parking for each villa;
• Shared parking spaces for residents;
• Public parking spaces.
There is also the possibility of submitting an alternative project, subject to approval, allowing the concept to be adapted to the investor’s needs and strategy.
Set in a quiet urban environment, just a few minutes from Praia da Luz, shops, services, and main access roads, this plot offers all the conditions for a solid investment with strong potential for appreciation.
If you are looking for a secure investment with excellent growth potential just steps from the sea, this is an unmissable opportunity.
Contact me for more information or to arrange a visit.
• I speak French, Portuguese, English, and Spanish.
• I share commission 50/50 with all agencies.
#ref: 769280
