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Other for sale in Luz, Portugal

4 950 000€

Luz

Features

  • 7000 m² surface area (75347 sqFt)
  • 7000 m² of land (75347 sqFt)
  • N/C

Property description

This exquisite urban land spanning 7000m2 is nestled in the tranquil neighborhood of Montinhos da Luz, perfectly positioned between Praia da Luz and Burgau. Situated in close proximity to the beautiful local beaches, this land offers a prime location for a future residential development. Currently undergoing a project for the construction of 126 units of luxury assisted residences (T0 and T1) tailored for senior tourism, with a total construction area of 6550m2. The serene surroundings and strategic location make this property a rare find in the sought-after area of Luz. The asking price of 4,950,000 reflects the incredible potential this property holds for investors looking to capitalize on the growing demand for luxury assisted living residences in a prime coastal location. Don't miss out on this opportunity to secure a piece of paradise in Luz.

Location

Luz

Date added: 09.08.2024

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