farm for sale Luz, Lagos

Unique Property with 4.6 hectares (46,000m²) between Lagos and Praia da Luz a rare asset in the Algarve Between the Atlantic Ocean and the Algarve countryside, in one of the most soughtafter and valued areas of southern Portugal, this exceptional property of approximately 46,000m² is strategically located between the city of Lagos and Praia da Luz. More than just an estate, it is a true heritage asset with scale, privacy and rare development potential in the region. The property combines significant built area, abundant natural resources and privileged landscaping, providing ideal conditions for the creation of a prestigious residence, contemporary agroresidential project or lowdensity tourist development with strong future appreciation potential. With approximately 937m² of existing construction, the estate includes a readytolive traditional house of 121m², a ruin of 116m² with potential for significant expansion allowing the creation of a residence up to 300m² or a tourist project up to 600m², two agricultural warehouses of 700m² with approved plans for full renovation, and a water tank of 153,000 litres (153m³). A preliminary study for the expansion of the ruin is under development, planning a contemporary residence of 300m² above ground, complemented by a 100m² basement, terraces and 40m² swimming pool. The land stands out for its exceptional fertility, abundant water from a legalised well and mature trees, enhancing the natural character and privacy of the property. The northern part benefits from a partial view over Vale Verde. With direct access to Estrada da Luz and the old EN125, the property offers rural privacy and immediate proximity to the coastline, golf courses, Lagos marina and premium regional services. In an increasingly consolidated Algarve with limited availability of properties of this scale near the sea, this estate represents a strategic opportunity for investors and buyers who value space, exclusivity and longterm vision. A unique opportunity for those who appreciate the value of rarity! REF: V938LG