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Lagos, Luz,
1.150.000 €
Farm (ref: 106240050)
Contact
320m
2
Private area
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General features
Location and accessibility
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Lagos, Luz, 1.150.000 €
Farm (ref: 106240050)
Contact
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About the property
This property in Almádena represents an exceptional investment opportunity, combining features that make it unique and promising. With over 20 hectares of land, it offers a generous and versatile space ideal for various projects. Location is one of its main attractions: situated just 10 minutes from the stunning beaches of Luz and Burgau, the property provides easy access to high-demand coastal areas and valuable real estate. Almádena, known for its natural beauty and tranquility, is strategically positioned 15 minutes by car from Lagos and 30 minutes from Portimão, two vibrant cities offering a wide range of services, entertainment, and tourism, enhancing the property's appreciation potential. The presence of an old estate with 320 square meters of ruins on top of a hill and in the middle of the land not only provides a breathtaking panoramic view but also a sense of privacy and exclusivity—highly valued characteristics in the real estate market. The property already includes essential infrastructure, such as a borehole and natural spring, access to the public water supply, electricity, and basic sanitation, significantly reducing development costs and speeding up the construction process. Additionally, the potential for construction is a major attraction. You can opt to develop a residence up to 550 square meters, ideal for creating a luxury home with all desired amenities. For investors, the property also offers the possibility of a tourism project with up to 2000 square meters of construction, perfect for creating a resort or local accommodation that could attract tourists seeking an authentic and relaxing experience in the Algarve. This tourism development potential is particularly promising given the growing demand for exclusive accommodations in the region. The private access road ensures additional security and privacy, while proximity to major cities and Faro Airport, just 1 hour away, facilitates access and makes the investment even more appealing to buyers and tourists. The combination of a prime location, existing infrastructure, development potential, and the outdoor activities the region offers makes this property an excellent investment opportunity, promising significant appreciation and return.
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Carvoeiroazul - Mediação Imobiliária Lda - AMI 10437
General features
General information
Certification
Reference
106240050
Goal
Sale
Sale price
1.150.000 €
Region
Algarve
District
Faro
County
Lagos
Civil Parish
Luz
Area
Luz
Gross Private Area
320m²
Gross Construction Area
550m²
Net area
272m²
Plot Area
211782,38m²
State
N/A
Exemption under Article 4 of DL No 118/2013 of August 20.
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+351 282 220 317*
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