Unique Investment Opportunity - Land with Approved Project for Hotel in Praia da Luz, Lagos

We present an excellent investment opportunity in the stunning Praia da Luz, one of the most popular and picturesque tourist areas in the city of Lagos, in the Algarve. A strategically located plot of land, perfect for those wishing to invest in the region's tourism sector. Just a few minutes' walk from Praia da Luz and with easy access to all the local amenities and services (restaurants, shops, public transport and tourist centres).The plot includes a fully approved project to build a hotel, horizontally, that follows the natural slope of the land. The project includes 11 comfortable suites, designed to offer a high standard experience for guests, a modern and functional reception, guaranteeing excellent customer service, a restaurant with the capacity to serve guests pleasantly and with exceptional views, and common areas and services designed to maximise guest comfort and satisfaction. Praia da Luz is one of the most popular tourist destinations in the Algarve, attracting tourists all year round due to its crystal-clear beaches, good infrastructure and range of outdoor activities. With the continued growth of tourism in the region, this hotel project offers excellent potential for financial return, whether through seasonal or long-term tourism. Easy access to the region's main transport connections, including the city of Lagos and proximity to Faro airport, which is around 1 hour away. The proposed hotel could stand out as a luxury attraction or boutique hotel in the region. Don't miss the opportunity to own this unique plot with an approved hotel project and explore the potential of this prime location in Praia da Luz.