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Excellent investment opportunity

Land, Buy | Portugal, Algarve, Lagos, Luz
Asking price-Icon
450,000 EUR
Approx. 525,150 USD
Asking price
Lot Size-Icon
46,500.09 sqft
Lot Size
Asking price-Icon
450,000 EUR
Approx. 525,150 USD
Asking price

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What you should know about this plot of land

Special features of this plot of land

Building plot with 4320 m2 inserted into the urban area of Almádena covered by Almádena Detailed Plan, allowing the construction of 1,277 m2.

This project already was approved by the municipality of Lagos and is fully consistent with the Almádena Detailed Plan, and the land purchase will be made with the approval of the project carried out by the current owner.

The project foresees the construction of 7 apartments with type T2 / T3, 5 of them in duplex and with areas between 136,83m2 and 184,02m2.

Floor plans for this property

Luz: Location and surroundings of this plot

Almádena in the Algarve is a locality belonging to the parish of Praia da Luz, Lagos municipality. Located in the limits of the wonderful Natural Park of Southwest Alentejano and Costa Vicentina.

Almadena is 15 minutes from Lagos and 20 minutes from Sagres, near to beaches as Burgau, Praia da Luz, Salema, etc., and close to two golf courses, (Parque da Floresta Golf & Leisure and San Antonio Villages Golf & Spa), horses facilities, restaurants, supermarkets.

Contact your personal advisor
Engel & Völkers Lagos
  • SOPC - 3 - Actividades Imobiliárias, Lda. · AMI 11742
  • License partner of Engel & Völkers Residential GmbH
  • Anahita Dashti
  • Rua da Barroca, 64
  • 8600-866 Lagos
  • Phone: +351 282 249 517
  • Cell: +351 968 695 674
The Service on is provided by:

Engel & Voelkers Lagos
Rua da Barroca Nº64
8600-688 Lagos

Commission Details

Availability upon agreement. This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Portuguese regulations.

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