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Global Properties

240m² Land in Luz, Portugal No. 127445

$ 414 781
$ 1 728 per m²
240 Living space, m²
Luz, Portugal
Parameters
Living space, m²
240
ID
127445
Type
Land
Land area, m²
716
Property description
Nestled in one of the most established and sought-after residential areas of Luz, this plot of land presents an extraordinary opportunity for anyone looking to build their dream home in one of the Algarve's most desirable locations. The tranquil surroundings of Praia da Luz, with its relaxed atmosphere and stunning coastal views, make it a perfect place to create a home, while being close enough to the amenities of the town for convenience and ease of access. This plot comes with the added advantage of having an approved project in place, which means that the building process can begin almost immediately. With the planning phase already completed, you can skip the time-consuming and sometimes stressful part of securing the necessary permits and documentation. Instead, you can move forward with the construction of your modern villa without delay, allowing you to enjoy your new home in Praia da Luz sooner rather than later. The current pricing of the plot is set at a highly competitive rate, making it an attractive option for those looking for a quick sale.
The value offered is exceptional for the area, presenting a rare opportunity to secure land at a price well below the local market value. This is an incredible chance to invest in a location that is known for its natural beauty and high demand, all while building a property that is customized to your specific tastes and needs. Whether you're looking to build a permanent residence or a luxury vacation home, this plot allows you to create something truly special. Whether you are looking to establish a permanent residence in the Algarve or invest in a property that will hold long-term value, this plot is the perfect place to begin your journey. The approved project provides the foundation for creating a modern, stylish villa, while the location ensures that you will be living in one of the most desirable residential areas in the region. Don’t let this opportunity pass by—take advantage of the favorable pricing, skip the planning phase, and start building the home you've always dreamed of in Praia da Luz.
Statistics Luz
$ 3 343
Price per m²
0
Quality of Life Index
31
Cost of living Index
Parameters
[:second_city:]
Lagos
Difference
Monthly Rent Cost
1-Room Apartment
$ 602
2-Room Apartment
$ 363
Apartment Purchase Price per m²
In the City Center
$ 3 343
Outside the City Center
$ 1 800
Crime Index
69
Cost of Living and Rent Index
27
Purchasing Power Index
8
Property Price to Income Ratio
124
Safety Index
31
Traffic CO₂ Index
8615
Traffic Inefficiency Index
396
Rent Index
23
Health Care Index
47
Groceries Index
31
Pollution Index
89
Traffic Commute Time Index
68
Restaurant Price Index
29
Climate Index
61
Cost of Living Index
31
Quality of Life Index
0
Traffic Index
349
Restaurants
Meal, Inexpensive Restaurant
$ 3.00
Meal for 2 People, Mid-range Restaurant, Three-course
$ 50.00
McMeal at McDonalds (or Equivalent Combo Meal)
$ 7.04
Domestic Beer (0.5 liter draught)
$ 1.00
Imported Beer (0.33 liter bottle)
$ 2.00
Coke/Pepsi (0.33 liter bottle)
$ 0.48
Water (0.33 liter bottle)
$ 0.27
Cappuccino (regular)
$ 2.44
Markets
Milk (regular), (1 liter)
$ 2.73
Loaf of Fresh White Bread (500g)
$ 1.21
Eggs (regular) (12)
$ 1.65
Local Cheese (1kg)
$ 6.27
Water (1.5 liter bottle)
$ 0.34
Bottle of Wine (Mid-Range)
$ 3.12
Domestic Beer (0.5 liter bottle)
$ 0.66
Imported Beer (0.33 liter bottle)
$ 0.91
Cigarettes 20 Pack (Marlboro)
$ 1.28
Apples (1kg)
$ 2.59
Chicken Fillets (1kg)
$ 4.08
Oranges (1kg)
$ 1.97
Potato (1kg)
$ 1.92
Lettuce (1 head)
$ 1.96
Rice (white), (1kg)
$ 1.45
Tomato (1kg)
$ 1.85
Banana (1kg)
$ 1.83
Onion (1kg)
$ 1.90
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 4.28
Transportation
One-way Ticket (Local Transport)
$ 0.72
Monthly Pass (Regular Price)
$ 36.35
Gasoline (1 liter)
$ 0.65
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 20 363
Taxi Start (Normal Tariff)
$ 1.22
Taxi 1km (Normal Tariff)
$ 2.20
Taxi 1hour Waiting (Normal Tariff)
$ 4.69
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 20 566
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 115
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 31.85
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 8.82
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 104
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
18%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 31.25
Tennis Court Rent (1 Hour on Weekend)
$ 9.11
Cinema, International Release, 1 Seat
$ 5.82
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 18.13
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 25.21
1 Pair of Nike Running Shoes (Mid-Range)
$ 64.61
1 Pair of Men Leather Business Shoes
$ 53.42
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 670
International Primary School, Yearly for 1 Child
$ 16 374
Contact seller
Contact seller

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