Land in Luz, Lagos

Excellent investment opportunity in Almádena, in the picturesque parish of Luz, municipality of Lagos! This plot of land features a total area of 1,808 sqm, classified under the Almádena Detailed Local Plan (Plano de Pormenor - Urbanized Urban Land / Infill Area), giving it a strong and concrete real estate development potential. Urban Planning Highlights (Detailed Local Plan): According to the Urban Parameters Certificate issued by the Lagos Town Hall, the land foresees the creation of 2...Excellent investment opportunity in Almádena, in the picturesque parish of Luz, municipality of Lagos! This plot of land features a total area of 1,808 sqm, classified under the Almádena Detailed Local Plan (Plano de Pormenor - Urbanized Urban Land / Infill Area), giving it a strong and concrete real estate development potential. Urban Planning Highlights (Detailed Local Plan): According to the Urban Parameters Certificate issued by the Lagos Town Hall, the land foresees the creation of 2 independent plots (Lots 53 and 54) designated for the construction of detached single-family villas: Lot 53: Plot Area: 631 sqm Maximum Footprint Area: 144 sqm Gross Construction Area (Residential): up to 200 sqm Floors: 2 floors above ground level Lot 54: Plot Area: 556 sqm Maximum Footprint Area: 144 sqm Gross Construction Area (Residential): up to 200 sqm Floors: 2 floors above ground level Features & Infrastructure: Road access on multiple fronts (Rua da Alegria and Rua Eiras Velhas). Surrounding area connected to main public infrastructure networks (water, sewage, and electricity). Excellent sun exposure and quiet location, just minutes away from Praia da Luz and the town of Lagos. Additional / Legal Information: The property is sold as a whole (1,808 sqm). Achieving the planned buildability requires the prior submission of the corresponding land subdivision/licensing project to the Lagos City Council. An ideal opportunity for developers, builders, or private investors looking to build two villas in one of the most sought-after areas of the Western Algarve! Contact us for more information or to schedule a viewing.