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Aerial view of rolling hills with sparse vegetation, highlighted in red, near the ocean.

Great Land Investment

€340,000
  • ~329,500 m² Plot surface

Description

Great investment opportunity to acquire a land of about 33ha, close to Lagos, the golf courses and beaches. The land has a ruin of about 206 m2 in a land with several agricultural species planted. In addition, according to the PDM in force in the municipality of Lagos, the expansion of the existing one is allowed up to 300m2 for housing purposes, 500m2 of construction area if it is intended for purposes other than housing, or 2,000m2 if the destination is a tourism enterprise in rural areas or housing tourism. In terms of crops, this land, with an area of about 33ha, has enormous potential to develop an agricultural project.
Features
Green viewMountain viewOpen view
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Engel & Völkers Lagos

Your advisor: Sofia Vilarinho

Property ID: W-02NVK1

Property details
  • Object type

    Other

  • Plot surface

    ~329,500 m²

Location: Bensafrim, Faro District

It was from Lagos that Gil Eanes set sail, the navigator who proved that the world did not end at Cabo Bojador, and that the sea was not inhabited by monsters! Historically linked to the sea, the city was originally called Lacobriga. Due to its location and economic importance Lagos has become a focal point for the Portuguese Discoveries and was even recognized as the capital of the Kingdom of the Algarve. The strong connection to the sea is maintained and it is in Lagos that is the 1st Marina in the Iberian Peninsula to reach 5 stars. The historic centre is almost all pedestrian, providing a wide range of shops, restaurants, bars or cafes. The city benefits from all the factors necessary to enhance an excellent vacation as well as a high quality of life, as it offers the main tourist attractions including the beach, golf, culture, leisure, gastronomy, sports, nature, amongst others.

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