Used
11-Bedroom Project Land in Lagos — Coastal Investment
Discover a rare investment opportunity in the heart of the Western Algarve. This expansive land plot covers 10,600 square metres, situated in a tranquil area that commands significant market appreciation. Located just moments away from the pristine sands of Praia da Luz, the property offers an enviable balance between secluded natural beauty and convenient access to modern amenities. This is a premier choice for those looking to establish a sophisticated presence within the sought-after Faro district.
The property stands out due to its fully approved architectural and specialty projects, meaning the path to construction is already paved. The design features a substantial 11-bedroom residence, meticulously planned to offer space, privacy, and elegance. This layout is perfectly suited for a grand family estate or a high-end boutique tourism venture. Having the licenses ready allows investors to bypass lengthy bureaucratic processes and proceed directly to bringing this ambitious vision to life in a prime coastal setting.
Technically, the site includes an original 60-square-metre ruin, providing a historical footprint for the new development. Practicality is a key feature here, as utility connections for both water and electricity are conveniently located at the road adjacent to the plot. Such ready access to essential infrastructure ensures a smoother transition into the building phase, providing peace of mind and reducing the logistical hurdles often associated with rural or semi-rural developments.
Beyond the plot itself, the location is a haven for lifestyle enthusiasts, being adjacent to a professional golf course and less than ten minutes from the vibrant city of Lagos. The vast outdoor area offers limitless potential for landscaping and creating private sanctuaries under the Algarvian sun. This project represents a unique blend of readiness and potential in one of Portugal’s most prestigious regions. We invite you to explore the possibilities of this exceptional property today.
The property stands out due to its fully approved architectural and specialty projects, meaning the path to construction is already paved. The design features a substantial 11-bedroom residence, meticulously planned to offer space, privacy, and elegance. This layout is perfectly suited for a grand family estate or a high-end boutique tourism venture. Having the licenses ready allows investors to bypass lengthy bureaucratic processes and proceed directly to bringing this ambitious vision to life in a prime coastal setting.
Technically, the site includes an original 60-square-metre ruin, providing a historical footprint for the new development. Practicality is a key feature here, as utility connections for both water and electricity are conveniently located at the road adjacent to the plot. Such ready access to essential infrastructure ensures a smoother transition into the building phase, providing peace of mind and reducing the logistical hurdles often associated with rural or semi-rural developments.
Beyond the plot itself, the location is a haven for lifestyle enthusiasts, being adjacent to a professional golf course and less than ten minutes from the vibrant city of Lagos. The vast outdoor area offers limitless potential for landscaping and creating private sanctuaries under the Algarvian sun. This project represents a unique blend of readiness and potential in one of Portugal’s most prestigious regions. We invite you to explore the possibilities of this exceptional property today.
All information on this page should be confirmed with the seller. We reserve the right to sell the property to a third party and to correct any errors.
Business State
Available
Price
995 000 €
Reference
PG10478
Business Type
Buy
Property Type
Lot
State
Used
Energy Certificate
Days On The Market
1
District
Faro
County
Lagos
Parish
Luz
Gross Area
60 m²

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