MapProperty details
For sale

Building Plot - 3,130 m² - Ferrel, Praia da Luz, Lagos

Luz · Portugal

Asking price

€490,000Calculate monthly costs

About this home

Property type
land

Excellent investment opportunity next to the EN125, between Lagos and Espiche, a few minutes from Praia da Luz and the city of Lagos. This plot of land, with 3,130 m², has the feasibility of construction for commerce or services (such as restaurant, warehouse, offices, among others) and is already completely fenced.

Main features: Total plot area: 3,130 m² Implantation area: 469.50 m² Gross construction area: up to 960 m² (2-storey building)

Purpose: commerce and/or services (shops, offices, restaurants, etc.)

Infrastructures: Good access, legalised water hole, all utilities available

Supplier Location: Ferrel area, between Lagos and Espiche, next to the EN125 and just 5 minutes from Praia da Luz

Investment Potential: This area lacks commercial spaces, namely food distribution units (supermarkets), which represents an excellent opportunity for commercial development.

The constant population growth, both of national and foreign residents, combined with the large seasonal increase in population during the summer months, makes this lot even more attractive for those looking for profitability and visibility for their business.

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Property information supplied by mimosaproperties.com. View original listing

Location & golf

Within 2.5 km of a golf course

Verified against Boavista Golf Resort and Espiche Golf

Course proximity does not establish playing rights, membership or a walking route. Confirm access and the exact address with the advertiser.

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Pins show property locations. Golf distances are straight-line estimates.
What to ask about golf access

What could it cost each month?

Adjust the assumptions to estimate a repayment loan. The starting figures are illustrative, not a mortgage offer.

Estimated monthly total€1,907
Loan repayment
€1,907
Other costs entered
€0
Loan amount
€343,000

A fixed-rate repayment illustration. Taxes, purchase fees, insurance, golf membership and maintenance are excluded unless entered in “Other monthly costs”. Rates, eligibility and local charges must be confirmed separately.

Source history

Observed listing information, rather than a valuation or sale-price history.

  1. First observed in our inventory This is not a sale date.
  2. Last seen at the source Availability may have changed.

There is no verified sale-price history for this property in our data. About our property data

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