Engel & Völkers
Aerial view of a coastal town with a location pin, featuring houses with red roofs, green fields, and the blue ocean in the background.

Sagres, Land in Prime Location with project

€795,000
  • ~2,960 m² Plot surface

Description

Located in the heart of Sagres village and just a short walking distance from local amenities and the beach, this 2,960 sqm plot of land presents an exceptional investment opportunity. With a building allowance of 888 sqm, it stands out as a rare investment opportunity in an area of increasing demand, despite significant building constraints. An approved project is already in place, outlining the development of five exclusive private villas complete with swimming pools. This concept has been designed to meet the exacting standards of international clients seeking a luxury holiday home in this unique and highly sought-after part of the Algarve. Don't miss the chance to invest in this prime location and capitalize on the growing appeal of Sagres as a destination for discerning buyers. Resume of compelling advantages for discerning investors: Prime Location: Sagres is renowned for its stunning natural beauty, pristine beaches, and a relaxed lifestyle that attracts an increasing number of international buyers. Its unique position in the Algarve makes it a sought-after destination for holiday homes and luxury developments. Development Potential: With a defined building allowance, investors have the opportunity to maximize the property's potential by developing high-end residential projects. The approved allowance provides a clear framework for constructing luxury villas, ensuring efficient planning and execution. Pre-Approved Project Option: An approved project already exists for the development of five exclusive villas, each featuring private swimming pools and a beautifully landscaped garden designed to guarantee privacy. This turnkey concept not only accelerates the development process but also appeals to buyers seeking a ready-made luxury holiday home. Flexibility to Customize: Although there is an approved project, the building allowance is not binding. This flexibility allows investors to tailor the design to meet market demands and attract a broader range of high-net-worth clients, ensuring that the final development resonates with the tastes of international buyers. Strong Market Demand: The international interest in Sagres is on the rise. This increasing demand can lead to significant capital appreciation and robust rental yields over time. Strategic Investment Opportunity: By acquiring land with a building allowance in this dynamic region, you position yourself to capitalize on both immediate development prospects and long-term market growth. The combination of location, development potential, and market flexibility makes this an outstanding opportunity in the Algarve luxury real estate market. These factors combine to create a strategic investment opportunity that not only promises attractive returns but also offers the flexibility to shape a development that meets the evolving demands of the high-end holiday home market in Sagres.
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Engel & Völkers Lagos

Your advisor: Sandra Matos

Property ID: W-02Z8HC

Property details
  • Object type

    Site

  • Plot surface

    ~2,960 m²

Location: Sagres, Faro District

Sagres, located in the western Algarve is a premier holiday destination renowned for its pristine beaches, dramatic coastal cliffs, and an unbeatable surfing environment. This vibrant town has become a magnet for international visitors, particularly within the surf community, thanks to its world-class breaks and consistent wave conditions. Highlights of Sagres include: Exceptional Surfing Conditions: Sagres is famed for its powerful Atlantic swells, making it a top choice for surfers of all levels. Numerous surf schools and regular competitions create a lively atmosphere that fosters a strong, supportive surf community. Stunning Natural Beauty: Beyond the waves, Sagres offers unspoiled natural landscapes, with rugged cliffs and expansive beaches that provide a perfect backdrop for relaxation and outdoor adventures. Rich Cultural Heritage: Steeped in history, Sagres boasts fascinating landmarks, including the iconic Sagres Fortress and Cape St. Vincent, where breathtaking sunsets and panoramic views captivate visitors. Laid-back Lifestyle: The town exudes a relaxed, welcoming vibe, ideal for those seeking both adventure and tranquility. Its blend of cultural charm and outdoor activities ensures a well-rounded holiday experience. Investing in Sagres means embracing a unique blend of surf culture, natural splendor, and historical significance—a combination that continues to attract discerning holidaymakers from around the globe.

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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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