Land in Lagos

€ 490,000 For Sale

sp-t1308

Lagos, Faro

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Description

Substantial Building Plot For Sale in Ferrel Lagos Discover the opportunity to create your dream residence or a bespoke development project in the picturesque Lagos region of the Algarve with this expansive 3,130m2 building plot located in the tranquil Ferrel area. Offering a generous build area of up to 960m2, this plot presents a blank canvas for those who envision a custom-built home or an exclusive development in one of Europe's most sought-after destinations. Plot Features: * Size: Spanning over 3,130m2, this substantial plot provides ample space for a grand residence or multiple units, depending on your vision and needs. The potential build area 960m2 allows for a significant construction project, be it a luxurious villa, a set of townhouses, or a boutique apartment complex. * Location: Situated in Ferrel, a serene and picturesque part of Lagos, the plot offers a peaceful setting close to the vibrant heart of one of the Algarve's most beloved cities. This location combines the tranquillity of a rural environment with the convenience of city amenities. Lagos: A City of History and Beauty: * Tourist Haven: Lagos is renowned for its stunning beaches, vibrant nightlife, and rich cultural heritage, making it a desirable location for tourists and residents. The city's various bars, restaurants, and hotels cater to multiple tastes and preferences, ensuring something for everyone. * Historical Significance: As a central figure in the Portuguese Age of Discovery, Lagos is steeped in history. it was a frequent home to Henry the Navigator and played a pivotal role in maritime explorations. its historical significance adds a unique character and depth to the city. * Recognition: Acknowledged by TripAdvisor in 2012 as the number one 'travel destination on the rise' globally, Lagos's appeal is internationally recognised, enhancing its attractiveness for investment and residential purposes. Connectivity: * Faro international Airport: Approximately 50 minutes away by vehicle, the plot's proximity to the airport is a significant advantage, offering easy access for international travel and convenience for visitors or potential renters. Conclusion: This building plot in Ferrel, Lagos, is not just a piece of land; it's a gateway to creating something exceptional in a region celebrated for its beauty, history, and lifestyle. Whether you're looking to build a dream home, develop a luxury property for sale, or create a unique rental opportunity in the Algarve, this plot offers the space, potential, and location to bring your vision to life. With its serene surroundings and proximity to the dynamic city of Lagos, this property represents a rare and exciting opportunity in one of Portugal's most coveted regions. Features * Country View

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Portugal Mortgage Brokers, licensed by the Bank of Portugal, are a free independent service working with all Portuguese banks. We specialise in offering mortgage information to residents and non-residents purchasing a property in Portugal, whether it be for a main residence, secondary home, investment, construction loan or renovation loan. We act as mortgage brokers to find you the most suitable and competitive mortgage program in the market. A simulation showing all costs is provided and an affordability check is carried out before submitting, we can then reach an official approval with the bank within 2 weeks of receiving your documents.

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