Engel & Völkers
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Scenic view of white villas and houses on a green hillside overlooking the blue ocean under a partly cloudy sky.

INVESTOR PACK – 5 Plots with Approved PIP and Architectural Project

€1,980,000

Development project

Exclusive Plots next to the beach

  • ~3,155 m² Plot surface

Description

Engel & Völkers Lagos is pleased to present an exclusive investor and developer pack, comprising 5 plots of land with an approved Prior Information Request (PIP), located within the prestigious Blue Bay Hills development in Praia da Luz, Lagos. This development stands out for its privileged location on a sunny hillside with sea views, in a quiet and secure area, just a short walk from the centre of Praia da Luz and only 10 minutes on foot from the beach. This is a rare opportunity in the Algarve market, ideal for those looking to develop a high-quality real estate project in a low-density residential environment, ensuring privacy, exclusivity and strong commercial appeal. Blue Bay Hills is set on a plot of approximately 60,000 m², carefully planned to accommodate detached villas, townhouses or apartments, with reduced building density that enhances comfort and tranquillity for future owners. This pack includes 5 contiguous plots, all with a building area of 220 m², designed for villas with private swimming pool, garage and basement, featuring an architectural project signed by Architect Mário Martins. This sale is clearly intended for investors/developers. PACK COMPOSITION – PLOTS FOR SALE: Plot 3 – 729 m² | Building area: 220 m² Plot 4 – 645 m² | Building area: 220 m² Plot 5 – 592 m² | Building area: 220 m² Plot 6 – 591 m² | Building area: 220 m² Plot 7 – 598 m² | Building area: 220 m² KEY FEATURES: Plot sizes between 591 m² and 729 m² 220 m² building area per plot Villas with private swimming pool Garage and basement 10 minutes’ walk to the beach Quiet area with excellent sun exposure High potential for capital appreciation and return on investment Important note: The sale will be finalised upon formal approval of the PIP by Lagos Municipal Council. The projects are currently under development, and interior layouts are still pending.
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Engel & Völkers Lagos

Your advisor: Adriana Branquinho

Property ID: W-047XB3

Property details
  • Object type

    Site

  • Plot surface

    ~3,155 m²

Location: Luz, Faro District

About Luz: Praia da Luz is located to the west of the Algarve, just a 10-minute drive from the historic city of Lagos, and is blessed with beautiful beaches and wonderful weather. The charming and traditional village of Luz is a perfect destination for those seeking a family holiday or looking for a quiet and safe place to live. Private schools and hospitals are a 10-minute drive from the village center. Praia da Luz was originally a fishing village and has a welcoming and family-friendly atmosphere. It is only 5 km from the main city of Western Algarve – Lagos, where you can find modern shops and restaurants, a historic center to explore, and plenty of options for those who enjoy a lively nightlife. There are good public transport links to and from Lagos and to explore the west, towards Sagres. Faro International Airport is just a 50-minute drive away.

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Land & Lots for sale in Luz

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