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€18,000,000 EUR

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Ref 2251456 | Lagos, Faro | Plot

Currency services provided by Excel Currencies 18,000,000 EUR  |  Approx.£15,499,800 GBP  |  Approx. US$19,263,600 USD
  • Type: Plot
  • Location: Lagos
  • Province: Faro
  • Country: Portugal
  • Bedrooms: 0
  • Bathrooms: 0

A unique  opportunity to develop a combination of sports & leisure, tourism and sustainable forestry in the Algarve -  just 8km North of Lagos.

This large parcel of land with all the components for the most unique project in the Algarve.  Some of which  have already been implemented, as the plantation of 45.000 strawberry trees and 24.000 cork oaks,  a construction of a modern, innovative greenhouse,  electricity,  9 lakes with a capacity of approx. 300.000m3,   3 hiking an bicycling trails,  cafetaria,  terrace and bbq area. 

This plot of 271 hectares, has sufficient space for a traditional 18 hole golf course of 50-100 ha., plus additional sports facilities. The project also incorporates townhouses on top of the hill, with outstanding ocean views and villas with golf and lake views.

The forestry component includes the plantation, greenhouse, and the activity of cloning the strawberry trees.  This process has been perfected over 4 years, leading to a lower production time and higher quality plants (2 years, instead of the usual 6-7 years.)

The leisure activities included hiking and bicycling trails (already implemented),  bicycles to hire,  canoes and rowboats,  horse riding,  a horse stable,  and a cable track from the hill going over the biggest lake.  There can also be archery, crossbow and paintball games, Tennis courts, swimming pools, a soccer and rugby field and a childrens climbing tower.  The hotel predicts a gym and spa areas.


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