Mexilhoeira Grande, Algarve, Portugal
Two Hectare Development Plot Near Mexilhoeira Grande
€1,050,000
- Land
- Type
- 4 weeks ago
- Listed
The Habio take
This remarkable plot of approximately two hectares boasts a construction license for 55 units. Located conveniently between Lagos and Portimão, it offers excellent potential for development.
- investment
- new build
Highlights
- Two hectares of land
- Construction license for 55 units
- Gentle slope for optimal views
- Easy access to main road
- Strategic location between Lagos and Portimão
Good fit for: Ideal for developers seeking a prime investment opportunity in the Algarve.
Lifestyle scores
- Beach
- 70
- Walkable
- 30
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 60
- Investment
- 80
- Luxury
- 70
- Value
- 75
About this place
This excellent plot of land is situated in Mexilhoeira Grande, measuring approximately two hectares. It comes with a construction licence for the development of 55 residential units, making it a compelling opportunity for investors or developers.
The terrain has a gentle slope, providing the potential for beautiful vistas from the properties that will be built. Additionally, it features easy access to the main road, facilitating convenient transportation to nearby towns and amenities. This site presents an exceptional opportunity for those looking to invest in the growing real estate market of the Algarve region.
Getting around
- Excellent water quality
Nearest beach · Alvor-Poente
~16 min drive · 11 km
Portimão (PRM)
~5 min drive · 3.5 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Mexilhoeira Grande, Algarve, Portugal
- Nearest airport
- Portimão (PRM)
- 3 km
- Also close
- Faro (FAO)
- 59 km
- Nearest city
- Setúbal
- 154 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Portugal
Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.
Mortgages are available to non-residents, typically up to 60–70% LTV.
The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023).
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
