My Portugal Property

My Portugal Property

Create a My Portugal Property profile

It's free to use and allows you to:

  • Receive email alerts for relevant properties
  • Save & Rate your favourite properties
  • Save relevant searches

My Portugal Property

Create account


My Portugal Property

Reset your password

My Portugal Property

Reset your password

We have sent you a link to reset your password - please check your email account.

Wellness Village Montinhos
See the gallery
Rotate to
see gallery
Key information Make an enquiry

€ 4,950,000 £ 4,231,649 $ 5,337,842

Reference PP3223

Lagos, Western Algarve

Commercial

Built in: n/a

7,000m2 Plot size

€ 707 £ 604 $ 762 / m2 plot

Wellness Village Montinhos

€ 4,950,000 £ 4,231,649 $ 5,337,842

Save property Saved
Rate property
Write a note

Key information

Reference: PP3223

Commercial

Lagos, Western Algarve

Ownership Status: Company

Built in: n/a

7,000m2 Plot size

€ 707 £ 604 $ 762 / m2 plot

Land with 7,000 m2; in an urban area with licence, studies and project for the construction of a residential hotel unit geared to geriatrics composed of 126 assisted living residences for different degrees of dependence.

The built area will be approximately 11,000 m2, divided into 2 floors above ground with where there will be 126 units of residence inserted in a complex of clinical and hotel services, with garden, swimming pool, restaurant, etc and an underground floor for garage and technical areas. This project has already been approved by the Lagos City Council in Request for Prior Information.

The 126 units for assisted living will have 2 typologies, studio and 1 bedroom, each with an area of over 36 m2; with 2 beds and prepared for all degree of disability of its users.

The business model focuses on a profile of users with purchasing power, being able to use the facilities in the form of a stay of variable duration or by the acquisition of the respective unit.

This project is expected to create 100 jobs, all licensing and project studies are included.

Ask for more detailed information, to reveal feasibility of the project.

 

No features have been added to this property.

Energy rating

  • A+
  • A
  • B
  • B-
  • C
  • D
  • E
  • F
  • G

The energy rating shows the energy efficiency of a building on a scale of A to G. The most efficient homes – which should have the lowest fuel bills – are in band A, whereas the most inefficient homes are in band G.

Key information

Reference: PP3223

Commercial

Lagos, Western Algarve

Ownership Status: Company

Built in: n/a

7,000m2 Plot size

€ 707 £ 604 $ 762 / m2 plot

Mortgage Calculator

Taxes and Expense : € 0.00
Loan amount : € 0.00
Your monthly payments : € 0.00

Lagos, Western Algarve

Praia da Luz is another Algarve resort that has seen much development in recent years and it has become a firm favourite for several ex-patriot communities. It has retained its appeal and attractiveness by being held to a relatively low-rise landscape. A lot of the development has gone to the west of Praia da Luz, but it now boasts a wide selection of accommodation, with several hotels in the central hub of the village and many private holiday rentals.

Read more

Want to know more about this property?

Speak to anyone in our team and we will be happy to help.
Send your enquiry through now.

Yours sincerely,
Liam Gould

Make an enquiry Make an offer Request Callback

Make an enquiry


Thank you

We will get back to you as soon as we can.

Close

Request Callback

Thank you

We will call you as soon as possible.

Close

Make an offer

Your offer is non binding and the seller is under no obligation to accept your offer. We will contact you within two working days if you tick the box below. Feel free to contact our team if you have any questions.

Thank you

Your offer is now with the Portugal Property team. If you checked the box to say that you wish to be contacted, we will do so within 24 hours. If you have any questions, feel free to contact us.

Close

Send to a friend

Thank you

You've now shared this property with a friend.

Close

Call us

Why work with us

  Agents
  Offices
  Sales Transactions
$ Billion Approx. Total Sales

In our Global Network
Portugal • USA • Canada • MexicoDubai • London • SpainItaly • Germany • GreeceAruba • Bahamas • IndiaCayman Islands

We use cookies! Read more