Private Introduction · Portugal

Land in Lagos (80536)

Plot in Lagos — €1,150,000.

Price
From EUR 1.15M

Introduction

Mixed-use plot of land with 21 hectares and a ruin of 320 sqm of gross construction area, located in Aldeia da Luz, Lagos, Algarve. With the possibility of expansion and an opportunity to rebuild the ruin, the land is currently under the execution of a preliminary request for a hotel or rural tourism unit. It also features an artesian well and electricity on the property.With excellent access, the land is located a 10-minute drive from Luz Beach, a wide variety of restaurants, commerce, and services. It is 15 minutes away from the center of Lagos and the access to the A22 highway. It is 1 hour from Faro International Airport and 2 hours and 40 minutes from Lisbon's Humberto Delgado International Airport.

Why This Opportunity

  • Prime Faro location

    Located in Lagos, Faro, Portugal — a sought-after part of the market.

  • Priced at €1,150,000

    On the market at €1,150,000.

  • Studio homes

    Layout up to 320 m².

  • ~5% estimated gross yield

    Estimated 6% annual capital growth for Faro (market-level estimate).

The Area

Where it is

Getting around

  • Faro Airport (FAO)

    Main international airport of the Algarve, reached along the A22 motorway. [~90 km / 1 h]

  • A22 Via do Infante

    Western end of the Algarve motorway, giving fast access east to Faro. [~5 min]

  • Lagos Railway Station

    Western terminus of the Linha do Algarve regional railway. [In town, ~1 km from centre]

Nearby

  • Meia Praia

    Four-kilometre golden sweep of sand east of the marina. [~2 km / 5 min]

  • Ponta da Piedade & Praia Dona Ana

    Iconic golden cliffs, grottoes and sheltered coves. [~2-3 km / 10 min]

  • Marina de Lagos

    Award-winning marina beside the historic centre. [In town]

  • Lagos Old Town

    Walled historic centre with the Ponta da Bandeira fort and cobbled lanes. [In town]

Schools

  • Vale Verde International School

    Cambridge Primary and Secondary pathway to IGCSE and A Levels, ages 5-18, Montinhos de Luz (Burgau). [~10 km / 15 min]

  • Barlavento International Primary School

    British curriculum primary education in English, ages 5-11, Espiche (Luz). [~7 km / 12 min]

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