Praia da Luz, Algarve, Portugal
Hotel Development Plot near Praia da Luz
€2,800,000
- Land
- Type
- 4 weeks ago
- Listed
The Habio take
This prime plot of land in Praia da Luz is perfect for hotel development, featuring potential for three floors of accommodation. Located just minutes from the beautiful beach, it promises an exceptional investment opportunity.
- beach
- investment
- luxury
- new build
Highlights
- Prime location near the beach
- Development plans for hotel with multiple facilities
- High investment potential
- Surrounding natural beauty
- Opportunity for significant rental income
Good fit for: Ideal for developers looking for a lucrative project in a popular tourist destination.
Lifestyle scores
- Beach
- 90
- Walkable
- 40
- Remote work
- 25
- Family
- 20
- Retirement
- 30
- Airport access
- 60
- Investment
- 85
- Luxury
- 70
- Value
- 50
About this place
This magnificent plot of land is situated in Praia da Luz, offering an excellent location just a few minutes from the stunning beach, surrounded by breathtaking natural beauty. The proposed development will comprise three floors, with two designated for guest rooms, including single rooms, double rooms, and attractive suites, all equipped with built-in wardrobes, a dressing area, safe, and bathroom.
The infrastructure will include a restaurant and breakfast area, a piano bar, a rooftop terrace with a panoramic bar, an auditorium, and parking spaces. This property represents an outstanding investment opportunity with high profitability potential.
What this place offers
- restaurant
- breakfast area
- piano bar
- rooftop terrace
- auditorium
- parking
Getting around
- Excellent water quality
Nearest beach · Luz
~5 min drive · 2.2 km
Portimão (PRM)
~20 min drive · 19 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
Praia da Luz, Algarve, Portugal
- Nearest airport
- Portimão (PRM)
- 16 km
- Also close
- Faro (FAO)
- 69 km
- Nearest city
- Setúbal
- 160 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
