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Global Properties

1416m² Land in Luz, Portugal No. 246160

$ 2 545 656
$ 1 798 per m²
1416 Living space, m²
Luz, Portugal
Parameters
Living space, m²
1416
ID
246160
Type
Land
Land area, m²
7080
Property description
Urban land located next to Praia da Luz, with PIP approved to build a small condominium of 9 houses with swimming pools, with a wonderful view of the sea.

This plot is situated in an elevated area, next to the Luz road, 10 minutes from Lagos and Burgau.

There is an approved planning permit to build a small condominium with 7 semi-detached villas and 2 detached villas, with individual private pools and open sea views. The houses can have 2 floors and a basement.

If you are looking for an investment opportunity, we highly recommend that you check out this land and see all the features it offers.

Discover this incredible investment opportunity in Lagos, Algarve. This spacious plot is located within walking distance of the beach, offering the possibility to build dream homes near the sea. With a total area of 7080 square meters, this land is ideal for those looking for privacy and tranquility, without losing proximity to the city's amenities. Don't miss the opportunity to acquire this unique land and make your life project in the south of Portugal a reality. Please contact us for more information.
Features
Outdoor features
  • Swimming pool
Statistics Luz
$ 3 343
Price per m²
0
Quality of Life Index
30
Cost of living Index
Parameters
[:second_city:]
Lagos
Difference
Monthly Rent Cost
1-Room Apartment
$ 662
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
28
Climate Index
61
Cost of Living Index
30
Quality of Life Index
0
Traffic Index
349
Restaurants
Meal, Inexpensive Restaurant
$ 3.08
Meal for 2 People, Mid-range Restaurant, Three-course
$ 50.00
McMeal at McDonalds (or Equivalent Combo Meal)
$ 5.00
Domestic Beer (0.5 liter draught)
$ 1.00
Imported Beer (0.33 liter bottle)
$ 2.00
Coke/Pepsi (0.33 liter bottle)
$ 0.47
Water (0.33 liter bottle)
$ 0.28
Cappuccino (regular)
$ 2.42
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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