Large Land For Sale in Praia Da Luz

For Sale

€1,375,000 $1,625,401 | £1,242,042 | ¥10,865,160 *

Type Land
Status For Sale
Area Size 57,157 ft2  (5,310m2)
Built 2018
City Luz
Region Faro

A large plot of land for sale in Praia da Luz, one of the most exclusive residential areas in Lagos. Offering beautiful sea views and privacy this is a fantastic opportunity for a developer or an individual looking to get their hands stuck into a new project. With permission already approved to build a total of five villas, each with four bedrooms and a private pool spread across 862m2.
Whether you’re looking to pick up where the previous owner left off, or decide to design something completely unique to you, with a location such as this in an area notorious for incredible capital growth it would make an extremely lucrative investment. All local amenities can be found nearby such as bars, restaurants, waterparks, a lively marina, beaches and more. Found just 6km from the popular town of Lagos, Luz is a pretty village and like many coastal resorts, it was once a fishing port. A great place for families and couples alike, Praia da Luz has fine white sand with turquoise waters and beach side cafes which combined can make you feel as though you never want to leave. Cliff-top walks can also be enjoyed while admiring the renowned “rocha negra” or black rocks, at one end of the resort, providing evidence of a one active ancient volcano.
Central location

Print Date 22-Oct-2020
Updated 22-Aug-2019
Property Ref. WWPC-87050
Department Sales :: Development

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