Plot for sale
Luz, Lagos, Algarve, Portugal
£1,180,866 *
[€1,375,000]
Full Description
Superb investment opportunity to acquire 5.310m2 of land in a much sought after area of Praia da Luz, close to all amenities and the beach. Permission has recently been granted for the plot to be divided into 5 plots, each with a building permission for an individual luxury 4 bedroom villa with pool. Each villa can be perfectly positioned to enjoy great ocean views. The prognosis is that these villas will sell between 1.2 and 1.6 million euros per villa. Due to the shortage of availability of land to develop in Praia da Luz is this a great opportunity for a dynamic investor! So don't delay and grab this opportunity while you can!
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