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Urban land of 0,708 ha for sale in Lagos, Faro

URBAN

|

PLOTS

0.708 ha | Faro

EUR 2,190,000

USD 2,311,138

Description

This unique 7,080 m2 plot of land offers a privileged location behind the Reserva da Luz, just minutes from the famous Praia da Luz – one of the Algarve's most sought-after destinations for both vacations and permanent residences. It has a maximum gross building capacity of 1,416 m2. With an already approved subdivision project, this investment will allow for. • 7 semi-detached houses of 130 m2 each. • 1 detached house of 200 m2. • 1 detached house of up to 300 m2. All houses can have two floors plus a basement, as well as a private pool and stunning sea views. Amenities included in the project. • Private parking for each house. • 5 parking spaces shared with the housing complex. • 1 parking space adapted for people with reduced mobility. • 3 public parking spaces. All houses are permitted to have two floors, a basement, and a swimming pool, all with sea views. If this isn't a project for you, you can always build your own. It's a rare investment opportunity in a region where demand is high. Contact us and learn more about this project with enormous potential!

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