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Property Description

Land with Approved Project for Hotel, Retirement Village and 104 Houses Exciting plans are in motion for the development of a hotel and residential village adjacent to the breathtaking Espiche Golf course. This visionary project mirrors the ethical and innovative principles embodied by Espiche Golf itself. Envision vast green spaces and an exceptionally low build density, all meticulously integrated with the stunning natural surroundings. Nestled just 5 minutes away from Lagos and ensconced within a mesmerizing Natural Reserve, Espiche Golf transcends the typical resort experience-it’s an ecological sanctuary seamlessly woven into the captivating landscape of the western Algarve. Offering a truly unparalleled encounter, it encapsulates the essence of this remarkable region. The demand for a hotel in this area is soaring, and rightfully so! Be at the forefront of this exhilarating development by seizing the opportunity to invest in its future. Whether you’re looking to acquire the entire project outright, purchase plots for residential development, or delve into the commercial ventures of a boutique hotel or retirement village, the possibilities are endless. As a pioneer in this exciting endeavor, you have the chance to shape the landscape of tomorrow. Take the first step towards securing your stake in this visionary project and unlock the potential for growth and prosperity. Don’t miss out on the chance to be part of something truly transformative. Featuring a diverse array of commercial and residential options, this development presents an enticing opportunity: Residential Plots: 104 plots available, offering homes ranging from 2 to 5 bedrooms. Prices start from 400,000+ per plot for development, with finished homes available from 1,450,000+. Total area spans an expansive 135,499 m2. Boutique Hotel: Situated on a 32,693.98 m2 site area. Offers 8,000 m2 of build area for the hotel’s infrastructure. Retirement Village / Resort: Comprising 17 units with a total of 51 beds. Plot area encompasses 27,288.93 m2. Build area for the retirement village amounts to 3,910 m2. With such diverse options available, investors and buyers have the opportunity to explore various avenues within this innovative development. Location: The Algarve, Portugal’s enchanting southernmost region, beckons with its allure of Atlantic beaches and world-renowned golf resorts. Its coastal landscape is adorned with whitewashed fishing villages perched gracefully on low cliffs, offering mesmerizing views of sandy coves. These quaint settlements underwent a transformative journey in the 1960s, evolving into vibrant hubs where history meets modernity. Stretching along the central coast between Lagos and Faro, the Algarve boasts a captivating tapestry of villas, hotels, bars, and restaurants. Here, visitors immerse themselves in a vibrant mosaic of cultural experiences, culinary delights, and coastal adventures, creating memories that last a lifetime. Venture beyond the central coast, and you’ll uncover the Algarve’s hidden gems-the rugged beauty of its western Atlantic coast and the untamed wilderness of its interior. Here, nature reigns supreme, offering a sanctuary for those seeking solace amidst untouched landscapes and pristine beaches. Whether basking in the sun on golden sands, perfecting your swing on championship golf courses, or exploring charming villages steeped in history, the Algarve promises an unforgettable journey of discovery. Come, explore the Algarve, where every corner reveals a new story waiting to be told. Situated adjacent to the existing award-winning Clubhouse and golf course. Enveloped by protected countryside, offering panoramic views over the National Reserve and Monchique mountain range. Conveniently located a 10-minute drive from the historic maritime town of Lagos. The nearest village of Espiche is just 2 km away, providing easy access to local amenities. The nearest beach is a short 3.5 km drive from the resort, offering pristine coastal landscapes. Faro International Airport is approximately 60 minutes away by car, ensuring convenient travel connections. Lisbon is a 2-hour 30-minute drive away, while Seville is accessible within 3 hours.

Address Map
Portugal
Lagos
8600-013
V?rzea Grande e Espargosa
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V?rzea Grande e Espargosa

V?rzea Grande e Espargosa, Lagos, 8600-013, Portugal

23,610,800 Sqft
$69,474,860
Listing ID #1488093
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1488093
Ref ID : 145914
Price : $69,474,860
Square Footage : 23,610,800 Sqft
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