Land with Ruins and Panoramic View of the Ocean

Lagos, Faro, Portugal, 8601 - 851 Lagos

For Sale

€3,500,000

REF: 361929 €3,500,000


Description

Land with 84280 m2, ruins with a total of 664 sqm, on the front line of the sea. Located a few minutes walk from the beautiful beaches of Camilo and Dona Ana. Still close to the city and all the amenities and services that this city has. Investment opportunity. Land with a total area of 84280 sqm, consisting of ruin of 664 m2, and commercial establishment.

This land has as total construction area up to 2364 sqm, located on the front line of the sea. Located a few minutes walk from the beautiful beaches of Camilo and Dona Ana. Still close to the city and all the amenities and services that this city has. Property Details: Panoramic View of the Ocean Total area of 8.4 ha 664 sqm ruins Easy access Near beaches Praia do Camilo got its name because, at the top of the cliff that surrounds it, there is the restaurant O Camilo.

It has a sandy area divided into two small bags. During low tide it is possible, if you are willing to get wet, visit the northernmost stock exchange and enjoy its calm waters. From this beach you can see three islets close to the coast. Access is via a long "L" staircase from the catering establishment. Ponta da Piedade is possibly one of the most beautiful natural scenery of the Algarve coast.

The coast is formed by dense corroded cliffs, which have been carved into rocky pillars, natural tunnels and hidden caves. The irregularly deformed sandstone cliffs rise in stark contrast to the peaceful turquoise and green deep waters, and the whole region is simply stunning. Sheltered between cliffs, the beach sand of Dona Ana bathed by a sea of clear and calm waters is one of the most publicized images of the beaches of the Algarve.

The very jagged rocks that emerge from the sea or that spread across the sand provide some shadows to the vacationers and give a picturesque touch to the landscape. In addition to great support infrastructure, Dona Ana Beach benefits from the proximity of Lagos, one of the most important cities in the Algarve that can be reached in a 25-minute walk. Lagos is situated on the coast of the Algarve, being therefore a city known for the beauty of its Golden Coast, crystal clear beaches that bathe the famous Caves of Ponta de Piedade and for its historical side very connected to the time of the Discoveries, where it is possible to visit the great figures of that time in the Wax Museum of discoveries in Lagos.

It is the ideal place for those who like to practice sports such as Tennis or Golf. Water sports here is also highly sought after, activities such as Water Skiing, Sailing, Windsurfing, Underwater Fishing and Diving. Its delicious typical gastronomy, Lagos has a gastronomy full of fresh flavors, namely fish dishes and seafood cooked in various ways. The hospitality of the locals is one of the qualities mentioned by the tourists who pass through here as well as the typicalMediterranean climate that makes the delights of visitors to this charming city.
Land with 84280 m2, ruins with a total of 664 sqm, on the front line of the sea. Located a few minutes walk from the beautiful beaches of Camilo and Dona Ana. Still close to the city and all the amenities and services that this city has. Investment opportunity. Land with a total area of 84280 sqm, consisting of ruin of 664 m2, and commercial establishment.

This land has as total construction area up to 2364 sqm, located on the front line of the sea. Located a few minutes walk from the beautiful beaches of Camilo and Dona Ana. Still close to the city and all the amenities and services that this city has. Property Details: Panoramic View of the Ocean Total area of 8.4 ha 664 sqm ruins Easy access Near beaches Praia do Camilo got its name because, at the top of the cliff that surrounds it, there is the restaurant O Camilo.

It has a sandy area divided into two small bags. During low tide it is possible, if you are willing to get wet, visit the northernmost stock exchange and enjoy its calm waters. From this beach you can see three islets close to the coast. Access is via a long "L" staircase from the catering establishment. Ponta da Piedade is possibly one of the most beautiful natural scenery of the Algarve coast.

The coast is formed by dense corroded cliffs, which have been carved into rocky pillars, natural tunnels and hidden caves. The irregularly deformed sandstone cliffs rise in stark contrast to the peaceful turquoise and green deep waters, and the whole region is simply stunning. Sheltered between cliffs, the beach sand of Dona Ana bathed by a sea of clear and calm waters is one of the most publicized images of the beaches of the Algarve.

The very jagged rocks that emerge from the sea or that spread across the sand provide some shadows to the vacationers and give a picturesque touch to the landscape. In addition to great support infrastructure, Dona Ana Beach benefits from the proximity of Lagos, one of the most important cities in the Algarve that can be reached in a 25-minute walk. Lagos is situated on the coast of the Algarve, being therefore a city known for the beauty of its Golden Coast, crystal clear beaches that bathe the famous Caves of Ponta de Piedade and for its historical side very connected to the time of the Discoveries, where it is possible to visit the great figures of that time in the Wax Museum of discoveries in Lagos.

It is the ideal place for those who like to practice sports such as Tennis or Golf. Water sports here is also highly sought after, activities such as Water Skiing, Sailing, Windsurfing, Underwater Fishing and Diving. Its delicious typical gastronomy, Lagos has a gastronomy full of fresh flavors, namely fish dishes and seafood cooked in various ways. The hospitality of the locals is one of the qualities mentioned by the tourists who pass through here as well as the typicalMediterranean climate that makes the delights of visitors to this charming city.
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Property on Map

#CP-T1704

Currency Exchange

Lagos, Faro, Portugal, 8601 - 851 Lagos

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €3,500,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€3,500,000 £2,977,415 £3,067,715 £90,300
Property Price € €3,500,000
Minimum cost in the last six months £2,977,415
Maximum cost in the last six months £3,067,715
Fluctuating exchange rates over the last six months could have increased the cost of this property by £90,300

Lagos, Faro, Portugal, 8601 - 851 Lagos

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €3,500,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€3,500,000 £2,977,415 £3,067,715 £90,300
Property Price € €3,500,000
Minimum cost in the last six months £2,977,415
Maximum cost in the last six months £3,067,715
Fluctuating exchange rates over the last six months could have increased the cost of this property by £90,300

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £90,300 more.

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