Residential House for sale in Luz, 944 m²

Luz, Lagos

Residential House

EUR 995,000

• 3 bedrooms
• 944 sqm

4.6 ha estate in Praia da Luz, approximately 1.5 km from Lagos and just minutes from other beaches. Includes a 3-bedroom villa to renovate with 121 m² of gross area, a ruin of 116 m² with potential for a dwelling up to 300 m² or rural tourism up to 600 m², and two licensed agricultural warehouses with 607 m² of usable area and a new refurbishment project approved by the Municipality. Exceptional Water Resources: The property is fully supplied by public mains water, but also has a well and abundant borehole water, complemented by a large water reservoir with 153 m³ capacity. Agricultural Land and Orchard: High-quality soils, extremely fertile and stone-free. The property is fully fenced along its perimeter. The land features a varied orchard and mature trees, including pomegranate, medlar, fig, almond, carob, olive, laurel, wild olive, grapevine, mastic, Canary palms and large loquat trees. Easy access to the south from the main road of Praia da Luz, with ample parking within the property. To the north, easy access via the old EN125. Excellent Location in the Algarve - situated just 1.5 km from Lagos and Praia da Luz and minutes from several other beautiful beaches. Contact us for…