Land for sale in Lagoa (Algarve)

Ferragudo
650 000 €Sale
id. 121601004-702

Description

Mixed Land Plot with 4,770 m² – Construction Potential | Near Caneiros Beach (Ferragudo) We present this mixed land plot with a total area of 4,770 m², strategically located in one of the most sought-after areas of the Algarve, just 850 metres from the prestigious Caneiros Beach and very close to the beaches and amenities of Ferragudo. The land consists of two distinct areas: Urban Area Includes an existing house with 84 m²; Open area: 4,686 m²; There is construction feasibility for a single-family home, allowing renovation, extension and demolition works, with: Maximum of 2 floors; Maximum height of 7.5 metres; Building footprint: up to 15% of the plot area; Enclosed construction area: up to 15% of the plot area; Covered outdoor construction area: up to 5% of the plot area; There is also the possibility of building a fully underground basement for parking and technical areas. Boundary walls: Up to 1.20 m in masonry; Up to 1.80 m in live hedge or fencing; The urban section previously had an approved project, offering excellent investment potential. Rural Area Land with traditional Algarve dry-farming crops, consisting of carob, almond, fig and olive trees, harmoniously integrated into the natural surroundings. Location and Features 850 metres from Caneiros Beach; Close to the best beaches of Ferragudo; Easy access, next to the main road; Fully fenced land. This plot presents unique characteristics for those wishing to develop a tourist or residential project or build a family home in a peaceful, highly valued area close to the sea. A rare investment opportunity in one of the most sought-after areas of Ferragudo–Lagoa.

Details

Total Lot Area m²
4770
Elevator
No
Parking
No
Electric Car Charging
No

Map

Rooms

Kitchen
Bedroom
Living Room

Contact Agent

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant
+351 962 552 222 · National mobile

Mortgage Calculator

Property value650 000
Down Payment
65 00010%
Amortization Period:30 years
Monthly Payment (*)2626,91

(*) The monthly payment shown is a reference value, based on a variable rate (6-month Euribor), and does not replace a more complete and detailed financial analysis!

The information resulting from these simulations is merely indicative, intended to guide the estimated cost, according to the data provided by the user. Each financial institution has its own financing policies and conditions, and is not bound by the results of this simulation.

RE/MAX Extra
RE/MAX Extra
Real Estate Consultant