£838,780

(€89/sq. ft)

€990,000

Property for sale
São Gonçalo De Lagos, Lagos, Portugal

    • 4 baths

    • 11,087 sq. ft

Added on 24/09/2026

About this property

    Excellent Real Estate Investment Opportunity In The Heart Of The City Of Lagos, Old Houses And Plot With Approved Project For The Construction Of 5 Modern Townhouses

    We present this very interesting project located in the center of the city of Lagos, in an area of high demand and strong potential for appreciation.

    The property consists of land with old houses (identified in the images) and has an approved project for the construction of 5 semi-detached townhouses, all with garage, swimming pool, balconies and large terraces.

    The project includes two distinct typologies:

    2 Townhouses with 4 bedrooms, spread over 4 floors + penthouse

    3 Townhouses with 2 bedroom, spread over 3 floors + penthouse

    All houses have spacious terraces with swimming pool, well-oriented balconies, private garage

    With generous areas and excellent use of space, it is ideal for permanent housing or rental investment.

    Construction Areas
    4 Bedroom Townhouses:
    Fraction A
    Floor 0 - 76m2
    Floor 1 - 65m2
    Floor 2 - 57m2
    Floor 3 - 48m2
    Rooftop - 43m2

    Fraction B
    Floor 0 - 82m2
    Floor 1 - 73m2
    Floor 2 - 73m2
    Floor 3 - 58m2
    Rooftop - 63m2

    2 Bedroom Townhouses:
    Fraction C
    Floor 0 - 58m2
    Floor 1 - 60m2
    Floor 2 - 54m2
    Rooftop - 52m2

    Fraction D
    Floor 0 - 56m2
    Floor 1 - 58m2
    Floor 2 - 54m2
    Rooftop - 50m2

    Fraction E
    Floor 0 - 56m2
    Floor 1 - 56m2
    Floor 2 - 50m2
    Rooftop - 48m2

    Total project construction area: 1030m2

    This is a turnkey project, ideal for developers or investors looking to develop a high-quality residential development in one of the most sought-after cities in the Algarve.

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