Vale Verde, Lagos, Algarve, Portugal

€595,000

Key features

  • Land

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Ref no: INT250034

Situated in a prime location, the ruin is positioned at the center of the urbanized portion of the land.
For Sale | Land | 1 Villa | 274,38 sqm Construction | 28,772 sqm Plot | Pool | Basement

Location: Luz, Parish of S. Gonçalo, Lagos

This is an excellent opportunity to acquire a flat rural property, consisting of a rustic plot (mixed-use land) and an urban article with a pre-1951 ruin, registered for residential use with 126 m². Situated in a prime location, the ruin is positioned at the center of the urbanized portion of the land.

The property already has an approved project for the construction of a 300 m² villa with a pool. The design features an elegant single-story U-shaped house with three spacious en-suite bedrooms, all equipped with large wardrobes, as well as a basement for storage.
The social area includes a cozy living room with a fireplace, extending to a large garden with a swimming pool on one side and a charming patio on the other. The modern, functional kitchen has been designed with an integrated dining area. The project also includes a covered carport for two vehicles.

Designed for comfort and brightness, the project stands out for its large windows, allowing abundant natural light. Additionally, it features an interior patio and garden, creating a harmonious and inviting atmosphere.
The property is equipped with essential infrastructure, including an electricity network and water supply. With excellent south-facing sun exposure, it is located in a peaceful area with easy access—just 10 minutes from the center of Lagos and its stunning beaches.

Location

Prime Location
Less than 2.5 km from Praia da Luz, Lagos, the property is set in a breathtaking landscape, with its southwestern boundary adjoining the Boavista Golf Course. Praia da Luz is renowned for its cosmopolitan atmosphere, where history and fishing traditions blend seamlessly with modernity. The seafront promenade, lined with palm trees and outdoor cafés, creates a lively summer ambiance. Lagos is a truly exciting city to live and work in. Located in the western Algarve, it offers the convenience of being close to all major access routes in the region.

Faro International Airport is just 55 minutes away, with quick access via the A22 motorway, and Lisbon is only a 2.5-hour drive. The Alentejo coast is just 30 minutes away.

Don't miss this unique opportunity! Schedule your visit today.

Floor plan

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Floorplan

Stamp duty calculator

£

Total stamp duty

43,750 £

Please note: This calculator shows results for UK resident purchasers. These estimates are provided as illustrative figures for guidance only and cover only England and Northern Ireland. Cluttons is not authorised to give financial advice; the above calculator is not intended to be financial advice and should not be relied upon when making financial decisions. Please seek advice from a specialist financial provider.

Mortgage calculator

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years

Monthly repayments

39,924 £

These results are for a repayment mortgage and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.