House T2 for sale in Lagos

House T2 in Lagos with virtual tour

Luz

1 500 000 €

Buy
id. 123041081-2

246 m²

2

1

NC

Description

Sea View Plot for Residential Development – Funchal, Matos Morenos

Located between Lagos and Praia da Luz, in the sought-after area of Funchal – Matos Morenos, this plot represents a strategic opportunity for investors seeking to combine profitability, premium location, and appreciation potential.

Plot with a total area of 5,185 m² and 246 m² of covered area.

  • Ruin integrated into a project with approved PIP for the construction of a
    luxury villa with swimming pool
  • Stunning sea views over the beaches of Luz, Porto de Mós, and Meia Praia

The rustic area allows for the creation of a lush private garden, ideal for enhancing the property's added value and offering an exclusive experience.

Its privileged location in one of the Algarve’s most desirable regions makes it ideal for developing a high-end residence, with strong appeal in the luxury and residential tourism market.

This plot is perfect for those who wish to invest in an asset with high potential returns, whether for resale, luxury letting or bespoke development.  

Details

Private Gross Area m²246
Gross Area m²- -
Total Lot Size m²5 185
Living Area m²246
Bedrooms2
Construction Year1951
Floor- -
WC/Bathrooms1
ElevatorNo
ParkingNo
Electric Cars ChargingNo

Energetic details

Energy efficiency

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Map

Rooms

Kitchen
Bedroom
Bedroom
Credit Simulation
Listing Price
1 500 000 €
30 years
Monthly Payment (*)
0

(*) The monthly installment indicated corresponds to a reference value, based on a variable rate (6-month Euribor), not dispensing with a more complete and detailed financial analysis! The information resulting from these simulations is merely indicative, with the purpose of providing guidance on the estimated cost, according to the data indicated by the user. Each financial entity has its own policies and financing conditions, and are not bound by the results of this simulation.