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Land for sale

Portugal - Algarve, Praia da Luz

€650,000

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Call: 03339 396379
  • Description
  • Floorplans (0)
  • Map

Commercial information:

  • 263,931 sq ft (24,520 sq m)

Key features:

  • 3 bedrooms
  • Total area: 24520 sqm
  • House area: 121 sqm
  • 1 bathrooms

Full description:

A large plot of land for sale in Praia da Luz, one of, if not the most, popular area in Lagos. Offering an impressive 24,520m2 of land, there is a property already built with a size of 121m2.

In need of some TLC, or if you are wanting to do a full renovation, it is comprised of an open plan living room, dining area and kitchen, along with three bedrooms, one bathroom, a warehouse and some ruins.

Providing a fantastic opportunity to completely transform the property and its surrounding area at a smaller asking price than a lot of the real estate found within this particular region - meaning you will be left with a fruitful construction budget.

If you are looking at potentially making an investment in order to generate an additional income through holiday rentals in the Algarve, new apartments on this development will easily be able to contribute towards this with it being such a highly sought after area.

With two independent entrances from both the N125 national road and the Praia da Luz road, there is excellent potential to create two completely individual projects. From the N125 entrance there are ruins, which can be renovated, and from this side you are able to build a two storey villa with a rooftop, resulting in ocean views.

With such a large plot, you will easily be able to insert a swimming pool or two, and if you decide to go down the hospitality route, you could even look to input “Glamping” tents for guests who are wanting to stay in this area along with a summer kitchen and dining room.

Additional features located on this plot include fruit trees - great for homemade smoothies or fruit juice - a well, a water hole and plenty of parking spaces.

This location is extremely popular with investors wanting to acquire real estate with the intention of either moving to Portugal, turning into a source of additional income or private use for friends and family looking to vacation in the Algarve.

Nearby you can find the renowned Boavista Golf Resort, award winning beaches are just a ten minute drive away - these include Praia da Luz - Porto de Mós and Rocha Negra where there are unique cliffs overlooking the Atlantic Ocean.

Praia da Luz centre is approximately ten minutes away, and the picturesque villages of Luz and Espiche is slightly closer at just five minutes. Found just six kilometres from the popular town of Lagos, Luz is a pretty village and like many coastal resorts, it was once a fishing port.

A great place for families and couples alike, Praia da Luz has fine white sand with turquoise waters and beach side cafes which combined can make you feel as though you never want to leave. The cities Burgau, Salema and Vila do Bispo are easy accessible by the N125 providing plenty of options to enjoy your life in the Algarve.

REF: IDH31700

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Faro (INTERNATIONAL), 42.9 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Ideal Homes International, Head Office

Vila Sol, Alto do Semino Lote E, Loja 1, 2 + 3 8125-307 Quarteira
03339 396379  Local call rate
About Ideal Homes International, Head Office

At Ideal Homes International we specialise in assisting people like you in purchasing property overseas. With a combined understanding of the market of over 100 years, our team has an unrivalled knowledge, making us experts in the field when it comes to finding the right property for you.

Consistent and ever improving quality and service is at the forefront of our campaign for excellence in the customer service department.

Our objective is to deliver a service that far beyond exceeds expectations. Above all, we are a company that cares - about its people, about its effect, about its reputation, and about always offering and finding the “ideal” solution when it comes to buying property abroad.

The foundations of our company are firmly set giving all our future clients, working partners and staff the benefit of a rock solid base in which they can trust and believe in.

We are pleased to offer all our clients the opportunity to see their potential dream homes first hand with our tailor made Viewing Trips, in any of 4 beautiful locations, Portugal, Italy, Spain & Florida.

The trip includes:

Return flights for two adults from an airport of your choice direct to chosen destination.

Individual airport transfers on arrival and departure

Accommodation in a luxury hotel (minimum 3 stars), including breakfast

Free legal advice from an independent property lawyer

Free financial advice from an independent mortgage brokerage

Rental and property management presentation

Exclusive service; advice and guidance from one of our experienced Property Consultants

You will be shown the different areas and visit as complete range of properties as possible that are both in your price range and ones that you have expressed an interest in viewing.

Over the course of the trip when you make your decision on whether this is for you or not, we will explain all the details including total costs, annual costs, legal formalities, flight offers, furniture, letting potential, in fact everything for “YOUR NEW HOME OVERSEAS”.

For more information on viewing trips and why this is the best solution to finding your house in the sun feel free to call our offices where one of our friendly helpful members of staff will explain the whole process.

Tel: 00351 289 513 434 / 0800 133 7644

Email: enquiries@idealhomesportugal.com

We are a fully licensed Real estate agency with Head offices in Vila Sol, Portugal:

Vila Sol, Alto do Semino
Lote E, Loja 1, 2 + 3
8125-307
Quarteira


Real Estate Licence No. AMI-9540

What are you waiting for, we want to help turn your dream into a reality!

The team are looking forward to hearing from you!


Disclaimer

This is a property advertisement provided and maintained by Ideal Homes International, Head Office (reference 98429_IDH31700) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Ideal Homes International, Head Office

Vila Sol, Alto do Semino Lote E, Loja 1, 2 + 3 8125-307 Quarteira
or call 03339 396379
Calling from outside the UK? 00351289513434

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