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Property for sale

Lagos, Algarve, Portugal

£593,271 *  [€700,000]

Property for sale

Lagos, Algarve, Portugal

£593,271 *  [€700,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 20800 m2

Full Description


Rustic land, located in the expansion perimeter of Espiche and with the possibility for urban development.

According to Plano de Pormenor de Espiche, the present land with 20800 m2, allows the development of about 23 units for: housing, commerce and services, with the following specifications:

HABITATION
Possibility for 13 units
Number of floors: 2 floors
Typologies: between T4
Foot print areas: 100 m2
Gross Construction Area: Between 170 and 375 m2

HABITATION COMMERCE SERVICES WORKSHOP
Possibility for 10 units
Number of floors: Between 1 and 2 floors
Typologies: Up to T3
Foot print areas: 110 and 180 m2
Gross Construction Area: 220m2

A short drive to Praia da Luz and Lagos and its beautiful beaches.

THIS LAND IS INSERTED IN THE PLANO DE PORMENOR DE ESPICHE AND THERE IS POSSIBILITY TO BUY INTEGRATING LANDS IN THE SAME PLAN, IN ORDER TO INCREASE THE CONSTRUCTION AREA. (See reference U376).

Talk to us for more detailed information about this investment possibility.

Praia da Luz is a small and personable resort town situated on the stunning western Algarve coastline.
Luz sits around a glorious sandy bay, and combines a wonderful clime, delicious food a welcoming ambiance, to create the perfect destination for a relaxing beach-based holiday.

Faro International Airport is only an hour away via the A22 motorway, and the historic city centre of Lagos is less than 15 minutes away by car.

REF: U444 - REF: U444
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Map may not show exact location

This property listing (ref: U444) is an advertisement supplied by Marcela Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8475 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.