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Global Properties

Land in Lagos, Portugal No. 7839

$ 570 605
Lagos, Portugal
Parameters
ID
7839
Address
Lagos
Type
Land
Property description
Substantial Building Plot For Sale in Ferrel Lagos

Discover the opportunity to create your dream residence or a bespoke development project in the picturesque Lagos region of the Algarve with this expansive 3,130m2 building plot located in the tranquil Ferrel area. Offering a generous build area of up to 960m2, this plot presents a blank canvas for those who envision a custom-built home or an exclusive development in one of Europe's most sought-after destinations.

Plot Features:

* Size: Spanning over 3,130m2, this substantial plot provides ample space for a grand residence or multiple units, depending on your vision and needs. The potential build area 960m2 allows for a significant construction project, be it a luxurious villa, a set of townhouses, or a boutique apartment complex.
* Location: Situated in Ferrel, a serene and picturesque part of Lagos, the plot offers a peaceful setting close to the vibrant heart of one of the Algarve's most beloved cities. This location combines the tranquillity of a rural environment with the convenience of city amenities.

Lagos: A City of History and Beauty:

* Tourist Haven: Lagos is renowned for its stunning beaches, vibrant nightlife, and rich cultural heritage, making it a desirable location for tourists and residents. The city's various bars, restaurants, and hotels cater to multiple tastes and preferences, ensuring something for everyone.
* Historical Significance: As a central figure in the Portuguese Age of Discovery, Lagos is steeped in history. it was a frequent home to Henry the Navigator and played a pivotal role in maritime explorations. its historical significance adds a unique character and depth to the city.
* Recognition: Acknowledged by TripAdvisor in 2012 as the number one 'travel destination on the rise' globally, Lagos's appeal is internationally recognised, enhancing its attractiveness for investment and residential purposes.

Connectivity:

* Faro international Airport: Approximately 50 minutes away by vehicle, the plot's proximity to the airport is a significant advantage, offering easy access for international travel and convenience for visitors or potential renters.

Conclusion:

This building plot in Ferrel, Lagos, is not just a piece of land; it's a gateway to creating something exceptional in a region celebrated for its beauty, history, and lifestyle. Whether you're looking to build a dream home, develop a luxury property for sale, or create a unique rental opportunity in the Algarve, this plot offers the space, potential, and location to bring your vision to life. With its serene surroundings and proximity to the dynamic city of Lagos, this property represents a rare and exciting opportunity in one of Portugal's most coveted regions.

Features

* Country View
Features
Location
  • Beach
Indoor facilities
  • Restaurant
  • Bar
Statistics Lagos
$ 1 900
Price per m²
0
Quality of Life Index
30
Cost of living Index
Parameters
[:second_city:]
Lagos
Difference
Monthly Rent Cost
1-Room Apartment
$ 689
2-Room Apartment
$ 398
Apartment Purchase Price per m²
In the City Center
$ 1 900
Outside the City Center
$ 1 620
Crime Index
69
Cost of Living and Rent Index
29
Purchasing Power Index
7
Property Price to Income Ratio
79
Safety Index
31
Traffic CO₂ Index
9331
Traffic Inefficiency Index
492
Rent Index
27
Health Care Index
47
Groceries Index
31
Pollution Index
89
Traffic Commute Time Index
70
Restaurant Price Index
27
Climate Index
61
Cost of Living Index
30
Quality of Life Index
0
Traffic Index
366
Restaurants
Meal, Inexpensive Restaurant
$ 3.00
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)
$ 0.45
Water (0.33 liter bottle)
$ 0.28
Cappuccino (regular)
$ 2.30
Markets
Milk (regular), (1 liter)
$ 2.73
Loaf of Fresh White Bread (500g)
$ 1.14
Eggs (regular) (12)
$ 1.69
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)
$ 2.15
Potato (1kg)
$ 2.04
Lettuce (1 head)
$ 1.96
Rice (white), (1kg)
$ 1.67
Tomato (1kg)
$ 2.02
Banana (1kg)
$ 1.83
Onion (1kg)
$ 1.98
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 5.10
Transportation
One-way Ticket (Local Transport)
$ 0.72
Monthly Pass (Regular Price)
$ 36.35
Gasoline (1 liter)
$ 0.77
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
$ 41.81
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 33.22
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 9.03
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 111
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
19%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 31.25
Tennis Court Rent (1 Hour on Weekend)
$ 12.56
Cinema, International Release, 1 Seat
$ 5.82
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 19.22
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 24.68
1 Pair of Nike Running Shoes (Mid-Range)
$ 64.61
1 Pair of Men Leather Business Shoes
$ 57.07
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 78.38
International Primary School, Yearly for 1 Child
$ 3 072
Contact seller
Contact seller

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