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Aerial view of a residential area with modern white houses, green trees, and a roundabout. A town is visible in the background.

Exclusive Plots next to the beach - Plot 20

€385,000

Development project

Exclusive Plots next to the beach

  • ~608 m² Plot surface

Description

Engel & Volkers Lagos is happy to present you a new and very exclusive real estate project in Luz, for those searching for tranquility, security and wish to be next to all leisure facilities. The “Blue Bay Hills” is located on a sunny hillside facing the sea in a quiet area just a few minutes from the center of “Praia da Luz”. An opportunity that does not come often to develop your own project aligned with your dreams and priorities is a 10 minute walk to the beach. Set in a land with a total area of approximaytely 60,000 sqm this exclusive project has been developed to accommodate plots for construction of private villas, townhouses or apartments. The housing density has been reduced ensuring privacy and tranquility to its owners. Key features; - Plot Areas between 500 to 1,900 sqm - Construction areas between 220 to 330 sqm - Swimming pool - One floor for garage and basement - 10 min walk to the beach Prices starting from €360.000,00 Payment conditions; - Reservation Fee 5.000,00€ - Promissory contract: 10% (deducting the €5000 paid as reservation Fee) - Promissory contract + 90 days 10% - Promissory contract + 180 days: 15% - Promissory contract + 270 days: 15% - Deed 360 days: 50%
Features
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Engel & Völkers Lagos

Your advisor: Sandra Matos

Property ID: W-030QF2

Property details
  • Object type

    Other

  • Plot surface

    ~608 m²

Location: Luz, Faro District

About Luz: Praia da Luz is situated on the western side of the Algarve, only 10 minutes drive to the historic city of Lagos, and is blessed with both beautiful beaches and wonderful weather. The charming and traditional village of Luz is a perfect destination for those looking for a family holiday or for those looking for a peaceful and secure place to live. Private schools and hospitals are within 10 min drive from the center of the village. Praia da Luz was originally a fishing village and has a welcoming and family friendly atmosphere. Luz may be quiet and peaceful, but it is only 5Km to the major city of Lagos with its extensive shopping, historic centre and buzzing nightlife. There are good public transport links to Lagos and plenty of buses to explore the west, towards Sagres. Faro international airport is only 50 min drive.

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