Land in Lagos

Algarve, Portugal

€1,375,000

Property description

Superb investment opportunity to acquire 5.310m2 of land in a much sought after area of Praia da Luz, close to all amenities and the beach. Permission has recently been granted for the plot to be divided into 5 plots, each with a building permission for an individual luxury 4 bedroom villa with pool. Each villa can be perfectly positioned to enjoy great ocean views. The prognosis is that these villas will sell between 1.2 and 1.6 million euros per villa. Due to the shortage of availability of land to develop in Praia da Luz is this a great opportunity for a dynamic investor! So don't delay and grab this opportunity while you can!

Property Details

Reference AB0163
Town Lagos
Province Algarve
Country Portugal

Location
Property Type land
Built Area 1062.00m²
Plot Area 5310m²
Property Features
Sea views
Close to all amenities
Close to the beach
Mains water at a short distance
Mains electricity at a short distance
Perfect investment opportunity

This property is listed by:

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