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Land for sale

Algarve, Lagos, Portugal

£861,498
€990,000
Lagos Algarve real Estate, Faro
PROPERTY TYPE

Land

SIZE

6,017 sq ft

559 sq m

Key features

  • Total area: 559 sqm
  • House area: 693 sqm
  • Swimming Pool
  • Sea views
  • Construction year: 1951

Description

We present this very interesting project located in the center of the city of Lagos, in an area of high demand and strong potential for appreciation.

The property consists of land with old houses (identified in the images) and has an approved project for the construction of 5 semi-detached townhouses, all with garage, swimming pool, balconies and large terraces.

The project includes two distinct typologies:

2 Townhouses with 4 bedrooms, spread over 4 floors + penthouse

3 Townhouses with 2 bedroom, spread over 3 floors + penthouse

All houses have spacious terraces with swimming pool, well-oriented balconies, private garage

With generous areas and excellent use of space, it is ideal for permanent housing or rental investment.

Construction Areas
4 Bedroom Townhouses:
Fraction A
Floor 0 - 76m2
Floor 1 - 65m2
Floor 2 - 57m2
Floor 3 - 48m2
Rooftop - 43m2

Fraction B
Floor 0 - 82m2
Floor 1 - 73m2
Floor 2 - 73m2
Floor 3 - 58m2
Rooftop - 63m2

2 Bedroom Townhouses:
Fraction C
Floor 0 - 58m2
Floor 1 - 60m2
Floor 2 - 54m2
Rooftop - 52m2

Fraction D
Floor 0 - 56m2
Floor 1 - 58m2
Floor 2 - 54m2
Rooftop - 50m2

Fraction E
Floor 0 - 56m2
Floor 1 - 56m2
Floor 2 - 50m2
Rooftop - 48m2

Total project construction area: 1030m²

This is a turnkey project, ideal for developers or investors looking to develop a high-quality residential development in one of the most sought-after cities in the Algarve.

Contact us for more information.
REF: PL033

Algarve, Lagos, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    40.2 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Lagos Algarve real Estate, Faro

Rua dos Celeiros Edificio A Adega, loja 5 Lagos Faro 8600-664

Lagos Algarve Real Estate is a full service real estate agency, specialising in residential properties in and around Lagos, Algarve, Portugal.

We are committed to each and everyone of our clients, ensuring your priorties are our priorities, when buying or selling your home.

Our team leader, Karen Sneider Shears, has a wealth of local real estate experience, through 20 years of working with both national and international buyers and sellers.

With a talent for aligning buyers with their ideal homes and adeptly navigating successful negotiations for buyers and sellers alike, Karen has overseen over 100 sales annually. Her American heritage, coupled with three decades of residency in Portugal, endows her with a distinctive skill set to expertly guide international buyers through the purchase process while attending to the needs of local vendors, or vice versa. Karen ensures that all parties' interests are diligently and effectively safeguarded.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Lagos Algarve real Estate, Faro (reference 275891_PL033) 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.

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