Five exceptional villa plots, one desirable coastal location, and the flexibility to invest individually or on a larger scale!

Our LiveAlgarve Realty Team presents an attractive real estate investment opportunity in Monte Lemos, Praia da Luz, one of the most established residential areas on the western Algarve coast.

This offer comprises 5 individual building plots, priced from €350,000, available separately or as a complete development package for €1,900,000. Located in a neighbourhood of detached villas, private pools and contemporary residences, the plots offer an excellent foundation for high-quality homes just minutes from the beach and Praia da Luz centre.

Property Highlights

• 5 individual construction plots for detached villas
• Located in the desirable Monte Lemos residential area
• Architectural and engineering projects prepared for all 5 plots
• Projects ready for submission to Lagos Municipal Council
• Contemporary villa concepts with private swimming pools
• Established residential surroundings with luxury villas
• Convenient road access
• Short distance to Praia da Luz beach, restaurants and amenities
• Attractive opportunity for private buyers, property developers and investors
• Flexibility to develop alternative architectural concepts when buying the entire development, subject to planning regulations and approvals

Pricing & Investment Options

The 5 construction plots are available for individual purchase or as a complete development package, offering flexibility for different investment objectives.

· Plot 1: €420,000

· Plot 2: €400,000

· Plot 3: €420,000

· Plot 4: €400,000

· Plot 5: €350,000

· Complete Development: All 5 Plots €1,900,000

A Development Opportunity with Projects Prepared

One of the key advantages is the advanced stage of architectural preparation.

All 5 plots are sold with architectural and specialist engineering projects ready for submission to Câmara Municipal de Lagos.

The projects will be submitted by our architects together with the documentation relating to the builder or general contractor appointed by the purchaser.

This arrangement offers a practical starting point for buyers to proceed with the proposed villa designs without commissioning initial architectural and engineering plans from scratch.

Investors acquiring all 5 plots have additional flexibility. If the purchaser prefers a different architectural direction, new projects may be commissioned to tailor the development to a specific design or market strategy, subject to municipal approval.

Individual Villa or Complete Development Investment

The opportunity accommodates different purchasing objectives.

Individual Plot Purchase

Buyers wanting to build a private residence can acquire a single plot with its architectural and engineering projects. The proposed contemporary villa designs provide an attractive starting point for a modern Algarve home with private outdoor spaces and a swimming pool.

Complete Acquisition of All 5 Plots

For developers and investors, purchasing the entire development offers the opportunity to create a coordinated collection of 5 contemporary villas in an established residential setting.

A unified architectural concept, consistent construction standards and a well-positioned marketing strategy could create an appealing residential development for the international Algarve property market.

The option to retain the existing projects or commission new designs provides valuable flexibility in planning the investment.

Location: Monte Lemos, Praia da Luz

Monte Lemos is a well-established residential neighbourhood above the coastal village of Praia da Luz, west of Lagos. Known for detached villas, quiet streets and proximity to the Atlantic, it attracts permanent residents and international second-home buyers.

Praia da Luz offers a beautiful sandy beach, a pleasant promenade, restaurants, cafés, supermarkets and essential everyday services. The historic town of Lagos is a short drive away, with its marina, shopping facilities, international dining scene and renowned beaches.

Several prestigious golf courses, including Boavista Golf & Spa Resort, Espiche Golf and Palmares Ocean Living & Golf, are within convenient driving distance.

Approximate Distances

• Praia da Luz beach and village centre – 2 km
• Boavista Golf & Spa Resort – 4 km
• Espiche Golf – 6 km
• Lagos Old Town – 8 km
• Lagos Marina – 9 km
• Porto de Mós Beach – 8 km
• Palmares Ocean Living & Golf – 14 km
• Burgau – 6 km
• Sagres – 27 km
• Faro International Airport (FAO) – 90 km

An Investment in Multiple Possibilities

The combination of 5 marketable plots, prepared architectural projects and a desirable coastal location creates an interesting opportunity for private construction and property development.

Whether your aim is to build one distinctive villa, develop and sell individual residences or establish a cohesive collection of luxury homes, this offer provides flexibility to pursue different investment strategies.

Interested?

Contact our LiveAlgarve Realty Team for further information about the individual plots, architectural projects, purchasing options, and to arrange a private site visit.

Contact us at LiveAlgarve Realty for more details or to schedule a viewing!