Private Introduction · Portugal
Land in Lagos (97677)
Plot in Lagos — €490,000.
- Price
- From EUR 490K
Introduction
Plot of land with a total area of 3130 m², located in Ferrel, in the municipality of Lagos.The land has planning permission for the construction of a building intended exclusively for services, with a maximum gross construction area of 469 m². It represents an opportunity for investors and developers to create a commercial project in a location with growing demand.Located in Ferrel, a consolidated residential area in the municipality of Lagos, which benefits from a strategic location in the Western Algarve. It is a short 5-minute drive from Praia da Luz, one of the main tourist hubs in the region, and from the historic and commercial center of Lagos.In terms of accessibility, the plot has easy access to the main roads serving the area, namely the National Road 125 and the A22 motorway (Via do Infante), ensuring an efficient connection to the rest of the Algarve.
Why This Opportunity
Prime Faro location
Located in Lagos, Faro, Portugal — a sought-after part of the market.
Priced at €490,000
On the market at €490,000.
Studio homes
Layout up to 3130 m².
~5% estimated gross yield
Estimated 6% annual capital growth for Faro (market-level estimate).
The Area
Where it is
Getting around
Faro Airport (FAO)
Main international airport of the Algarve, reached along the A22 motorway. [~90 km / 1 h]
A22 Via do Infante
Western end of the Algarve motorway, giving fast access east to Faro. [~5 min]
Lagos Railway Station
Western terminus of the Linha do Algarve regional railway. [In town, ~1 km from centre]
Nearby
Meia Praia
Four-kilometre golden sweep of sand east of the marina. [~2 km / 5 min]
Ponta da Piedade & Praia Dona Ana
Iconic golden cliffs, grottoes and sheltered coves. [~2-3 km / 10 min]
Marina de Lagos
Award-winning marina beside the historic centre. [In town]
Lagos Old Town
Walled historic centre with the Ponta da Bandeira fort and cobbled lanes. [In town]
Schools
Vale Verde International School
Cambridge Primary and Secondary pathway to IGCSE and A Levels, ages 5-18, Montinhos de Luz (Burgau). [~10 km / 15 min]
Barlavento International Primary School
British curriculum primary education in English, ages 5-11, Espiche (Luz). [~7 km / 12 min]
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