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Plot with 1783sqm and excellent views - for Luxury Villa in Meia Praia, Lagos
Lagos, Faro, Portugal, 8600 302
REF: 998032
€1,200,000
Description
This exceptional 1,783sqm plot is perched at the top of a quiet, established urbanization, offering sweeping views over Meia Praia and the ocean beyond. Currently occupied by two smaller structures, the site presents a fantastic opportunity for redevelopment. Once cleared, it offers the potential to build a luxury villa spanning two floors plus a basement, with a total construction area of up to 270sqm.
The plot is already fully enclosed by walls and features electric gates for added privac.. Positioned at the highest point of a peaceful and well-established urbanization, this outstanding 1,783sqm plot offers a rare chance to build a luxury villa with breathtaking views across Meia Praia and the Atlantic Ocean. Set in one of the most desirable areas of the Western Algarve, the property combines privacy, space, and exceptional potential.
Currently, the site includes two smaller dwellings that can be removed to make way for a new build. Once cleared, the plot allows for the construction of a contemporary villa on two levels plus a basement, with a total permitted construction area of up to 270sqm. Whether you envision a sleek modern design or something more traditional, this site offers the perfect canvas to bring your dream home to life.
Already fully enclosed by perimeter walls and accessed via electric gates, the plot is both secure and private. Mature gardens surround the grounds, providing a lush and serene environment. A swimming pool, which was retiled just three years ago, is already in place. The property also benefits from installed solar panels, offering an eco-conscious energy solution.
The prospective buyers can engage one of the region s highly regarded architects to design a completely bespoke residence tailored to personal tastes and lifestyle.
Opportunities like this are increasingly scarce in Meia Praia, particularly those with commanding sea views, established infrastructure, and proximity to local amenities. Just a short drive from the award-winning Palmares Golf Course and the historic town of Lagos, this plot offers a truly unique chance to create an exceptional home in one of Portugal s most sought-after coastal locations.
This exceptional 1,783sqm plot is perched at the top of a quiet, established urbanization, offering sweeping views over Meia Praia and the ocean beyond. Currently occupied by two smaller structures, the site presents a fantastic opportunity for redevelopment. Once cleared, it offers the potential to build a luxury villa spanning two floors plus a basement, with a total construction area of up to 270sqm.
The plot is already fully enclosed by walls and features electric gates for added privac.. Positioned at the highest point of a peaceful and well-established urbanization, this outstanding 1,783sqm plot offers a rare chance to build a luxury villa with breathtaking views across Meia Praia and the Atlantic Ocean. Set in one of the most desirable areas of the Western Algarve, the property combines privacy, space, and exceptional potential.
Currently, the site includes two smaller dwellings that can be removed to make way for a new build. Once cleared, the plot allows for the construction of a contemporary villa on two levels plus a basement, with a total permitted construction area of up to 270sqm. Whether you envision a sleek modern design or something more traditional, this site offers the perfect canvas to bring your dream home to life.
Already fully enclosed by perimeter walls and accessed via electric gates, the plot is both secure and private. Mature gardens surround the grounds, providing a lush and serene environment. A swimming pool, which was retiled just three years ago, is already in place. The property also benefits from installed solar panels, offering an eco-conscious energy solution.
The prospective buyers can engage one of the region s highly regarded architects to design a completely bespoke residence tailored to personal tastes and lifestyle.
Opportunities like this are increasingly scarce in Meia Praia, particularly those with commanding sea views, established infrastructure, and proximity to local amenities. Just a short drive from the award-winning Palmares Golf Course and the historic town of Lagos, this plot offers a truly unique chance to create an exceptional home in one of Portugal s most sought-after coastal locations.
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Currency Exchange
Lagos, Faro, Portugal, 8600 302
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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £990,540 | £1,041,732 | £51,192 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £990,540 |
| Maximum cost in the last six months | £1,041,732 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,192 |
Lagos, Faro, Portugal, 8600 302
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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £990,540 | £1,041,732 | £51,192 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £990,540 |
| Maximum cost in the last six months | £1,041,732 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £51,192 |
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 £51,192 more.
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