Premium New development

4 Bed Plot for sale

Luz, Lagos, Algarve, Portugal

£1,248,128 *  [€1,500,000]

4 Bed Plot for sale

Luz, Lagos, Algarve, Portugal

£1,248,128 *  [€1,500,000]

Property Details


  • Bedrooms: 4
  • Bathrooms: 2
  • Plot size: 14400 m2
  • Habitable space: 228 m2

Full Description


This vineyard of 1.4 ha. has two existing buildings and additional construction areas of rural buildings with opportunity for expansion. It is located directly facing a main road, with great visibility and access. Ideal for business location. It has an elevated position allowing for beautiful views over the country side. It has a borehole for water supply and irrigation.

Being directly on a main road, the property benefits from high visibility and easy access. This is particularly advantageous for a business that relies on customer visits, such as a retail wine shop, tasting room, or event venue.

The elevated position provides stunning views of the countryside, enhancing the property's appeal as a destination. This feature could be particularly attractive if you're considering tourism-based businesses like a boutique hotel, wedding venue, or vineyard tours.

The borehole ensures a reliable water source for both irrigation and potential expansion of agricultural activities. This is a crucial feature, especially in areas where water access can be challenging.

In summary, this vineyard property offers a unique combination of existing infrastructure, development potential, prime location, and natural beauty, making it ideal for a variety of business ventures, from traditional wine production to tourism and hospitality.
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Map may not show exact location

This property listing (ref: EAV-492) is an advertisement supplied by Exclusive Algarve Villas and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8321 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.