Private Introduction · Portugal

Land in Lagos (98266)

Plot in Lagos — €8,900,000.

Price
From EUR 8.90M

Introduction

Land with 30,800 sqm and 15,438.60 sqm of construction area, with approved project for 22 villas with swimming pool and 2 private condominiums with swimming pool, in Lagos, Algarve.The approved project comprises 22 villas with swimming pool and 2 private condominiums with swimming pool, consisting of 2 and 3-bedroom apartments. One condominium has 14 apartments and the other has 25 apartments. The project includes 61 units with 15,438.60 sqm of construction area. The location near Praia do Porto de Mós offers sea views and natural surroundings.All units include private parking, swimming pools and gardens, integrated into a modern urban concept. The land is marketed with completed infrastructure projects and approved building permit, allowing for faster development.Located less than 5 minutes from Praia do Porto de Mós, the historic centre of Lagos and Boavista Golf Course, with views over the golf course, the city and the sea. Faro International Airport is approximately 1 hour away.Project intended for real estate development or residential tourism investment, in a valued area of the Algarve.

Why This Opportunity

  • Prime Faro location

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

  • Priced at €8,900,000

    On the market at €8,900,000.

  • Studio homes

    Layout up to 31 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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