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Global Properties

Land in Lagoa, Portugal No. 138191

$ 1 695 340
28.03.2025 $ 1 227 660
Lagoa, Portugal
Parameters
ID
138191
Type
Land
Land area, m²
4694
Property description
**Unique Investment Opportunity in Rural Tourism - Land in Estômbar**Discover this 4,690m² plot of land with an already approved project for a charming Rural Tourism development. The project includes the construction of 15 semi-detached villas, totaling 39 rooms, along with a wide range of amenities such as a reception area, swimming pool, bar, garage, laundry facilities, communal lounge


**Unique Investment Opportunity in Rural Tourism - Land in Estômbar**Discover this 4,690m² plot of land with an already approved project for a charming Rural Tourism development. The project includes the construction of 15 semi-detached villas, totaling 39 rooms, along with a wide range of amenities such as a reception area, swimming pool, bar, garage, laundry facilities, communal lounge, and well-maintained green areas.There’s also the possibility to increase the number of rooms by reconfiguring the existing spaces.This project is strategically located in a prestigious area, only 1.
5 km from the picturesque village of Ferragudo. The land and project are designed with ideal south-facing orientation, ensuring plenty of natural light and stunning views. Furthermore, the access to the site is excellent, ensuring convenience for future guests.Another noteworthy aspect is that this project is part of a revitalization initiative for the pedestrian zone of Ferragudo, promoted by the Municipality of Lagoa, making it even more attractive and valuable.This is a truly exceptional investment opportunity. For more information and to explore this promising project, contact us today!Estômbar is a charming village located in the municipality of Lagoa in the Algarve region of Portugal. This picturesque locality is known for its tranquil atmosphere and the beautiful natural landscapes that surround it.One of Estômbar’s most distinctive features is its proximity to the Arade River, which offers stunning scenery and opportunities for outdoor activities such as boat trips and kayaking. The village is also famous for its vineyards and wine production, and visitors can explore the Adega Cooperativa de Lagoa and taste some of the local wines.Estômbar maintains its traditional charm with its whitewashed houses and narrow streets. The local residents are known for their hospitality and warm welcome to visitors.Additionally, Estômbar is conveniently located within a short distance of the popular Algarve beaches such as Praia da Rocha and Praia de Carvoeiro, making it an ideal starting point for exploring the Algarve coastline.In summary, Estômbar is a tranquil retreat in the Algarve where you can enjoy the natural beauty, local culture, and proximity to the beaches and leisure activities of the region. It’s a charming destination for those seeking an authentic experience in the southern part of Portugal.Since 2009 in the Real Estate market, Golden Properties has a portfolio with more than 1.900 properties mainly in the Algarve and Lisbon areas, from apartments, villas, plots of land, shops, offices, developments, under construction or plant, among other investment options.When you buy your home with us, you can enjoy several services such as: financial support, tax advice, personalized legal support, return on investment support (annual and/or holiday rental), post-sale, property inspections management and also the accompaniment in the energy certification process through the search of the best sector professionals.Visit our website and find your dream home! Energy Rating: Exempt #ref:GA-8602

Features
Location
  • South orientation
Indoor facilities
  • Garage
Outdoor features
  • Swimming pool
Statistics Lagoa
$ 4 620
Price per m²
164
Quality of Life Index
50
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 157
2-Room Apartment
$ 930
Apartment Purchase Price per m²
In the City Center
$ 4 620
Outside the City Center
$ 3 555
Crime Index
30
Cost of Living and Rent Index
40
Purchasing Power Index
73
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
27
Health Care Index
54
Groceries Index
48
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
45
Climate Index
98
Cost of Living Index
50
Quality of Life Index
164
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 14.06
Meal for 2 People, Mid-range Restaurant, Three-course
$ 42.19
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.72
Domestic Beer (0.5 liter draught)
$ 2.93
Imported Beer (0.33 liter bottle)
$ 2.34
Coke/Pepsi (0.33 liter bottle)
$ 2.34
Water (0.33 liter bottle)
$ 1.64
Cappuccino (regular)
$ 1.90
Markets
Milk (regular), (1 liter)
$ 1.08
Loaf of Fresh White Bread (500g)
$ 1.55
Eggs (regular) (12)
$ 3.51
Local Cheese (1kg)
$ 14.51
Water (1.5 liter bottle)
$ 1.25
Bottle of Wine (Mid-Range)
$ 5.27
Domestic Beer (0.5 liter bottle)
$ 0.98
Imported Beer (0.33 liter bottle)
$ 3.08
Cigarettes 20 Pack (Marlboro)
$ 6.68
Apples (1kg)
$ 2.67
Chicken Fillets (1kg)
$ 6.35
Oranges (1kg)
$ 1.62
Potato (1kg)
$ 3.25
Lettuce (1 head)
$ 1.45
Rice (white), (1kg)
$ 1.85
Tomato (1kg)
$ 2.68
Banana (1kg)
$ 1.35
Onion (1kg)
$ 2.55
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.38
Transportation
One-way Ticket (Local Transport)
$ 3.52
Monthly Pass (Regular Price)
$ 43.36
Gasoline (1 liter)
$ 2.04
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 35 211
Taxi Start (Normal Tariff)
$ 3.87
Taxi 1km (Normal Tariff)
$ 1.17
Taxi 1hour Waiting (Normal Tariff)
$ 22.27
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 931
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 141
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 36.33
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.36
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 465
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.54
Tennis Court Rent (1 Hour on Weekend)
$ 22.27
Cinema, International Release, 1 Seat
$ 11.72
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 74.22
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 46.30
1 Pair of Nike Running Shoes (Mid-Range)
$ 110
1 Pair of Men Leather Business Shoes
$ 107
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 479
International Primary School, Yearly for 1 Child
$ 12 708
Contact seller
Contact seller

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