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Algarve, Praia da Luz, Portugal

£1,910,775
€2,190,000
Exclusive Algarve Villas, Vilamoura
PROPERTY TYPE

Plot

SIZE

15,242 sq ft

1,416 sq m

Key features

  • Driving distances in minutes/Town: 5
  • Driving distances in minutes/Beach: 5
  • Driving distances in minutes/Golf: 5
  • Driving distances in minutes/Restaurants & bars: 5
  • Driving distances in minutes/Shops: 5
  • Driving distances in minutes/Airport: 60

Description

This remarkable property offers a rare and exciting opportunity to secure pre-approval for a high-potential development project in one of the most desirable areas of the Western Algarve. Located just a short walk from both the beach and the charming center of Praia da Luz, this plot of land combines convenience, beauty, and investment potential. With pre-approval in place for a thoughtfully designed small condominium, the project envisions seven terraced villas and two detached villas, perfectly suited for creating a gated community in a peaceful setting.

What makes this property truly exceptional is its stunning sea views, which add a unique appeal to the proposed development. This opportunity is ideal for developers looking to create an exclusive enclave that seamlessly blends modern luxury with the relaxed charm of coastal living. 

The proposed mix of terraced and detached villas brings versatility to the project, appealing to a variety of preferences and lifestyles. Whether future buyers seek the privacy of a standalone villa or the community feel of a terraced home, this development could meet diverse demands within a unified and harmonious design. The gated community concept adds an additional layer of exclusivity and security, making this project even more attractive to discerning buyers.

For investors and developers dreaming of a real estate venture in Portugal’s Algarve, this property stands out as a prime choice. The pre-approval simplifies the initial stages of the development process, allowing for faster execution of plans and minimizing delays. This ensures that your vision for a luxury coastal community can be brought to life with efficiency and precision.

In summary, this property represents an unparalleled opportunity to invest in the Western Algarve's thriving real estate market. Its ideal location, breathtaking sea views, and pre-approved project for a small condominium make it an exceptional proposition for those looking to create something truly special. 

Algarve, Praia da Luz, Portugal

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About Exclusive Algarve Villas, Vilamoura

Avenida Tivoli, conjunto VarandaMar, Corpo B, Bloco 3,Apartamento R/C Esq 8125-410 Vilamoura

Exclusive Algarve Villas, established in 2006, is a boutique luxury real estate agency based in the Algarve and an award-winner of various titles such as "Best Luxury Independent Real Estate Brokerage in Portugal" from the International Property Awards and Luxury Lifestyle Awards.

We focus on personalized service and high quality properties across the Western and Central Algarve, offering a portfolio of carefully selected properties, including both traditional and modern villas, luxury apartments, building plots and new developments.

With offices in Lagos, Lagoa (Carvoeiro), and Vilamoura our agency operates by appointment 7 days a week. Our multilingual team assists clients in English, Portuguese, French, German, Dutch and Spanish.

Combining years of qualtiy service and local knowledge, Exclusive Algarve Villas is your trusted partner for buying & selling luxury real estate in the Algarve.

Notes

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This is a property advertisement provided and maintained by Exclusive Algarve Villas, Vilamoura (reference 57735_EAV-3699) 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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