Land located in a privileged area in the center of Lagoa with feasibility of housing, commercial and/or service construction with a gross construction area of 5,380sqm. It had an approved project with the following characteristics; Possibility of optional construction of basements in the houses, for parking in all lots: Block "A" replacing the commercial part with housing on the ground floor (4 apartments), leaving the building with a total of 12 apartments Blocks "B and C" become a single lot, called Block "B", resulting in the alteration at the ground floor level in the replacement of the commercial part by housing (8 dwellings), leaving the common building with a total of 24 dwellings, optional construction of a basement for parking, in both Blocks, as well as the construction of a swimming pool to serve the owners of Block "B". Lagoa is a Portuguese city belonging to the district of Faro in the province, region and sub-region of the Algarve, with about 6000 inhabitants. It is the seat of a municipality with an area of 88.25 ksqm and 22,975 inhabitants (2011), divided into 4 parishes. The municipality is limited to the north and east by the municipality of Silves, to the west by Portimão and to the south it has a coastline on the Atlantic Ocean. IMI - €1,818 From the 1960s onwards, tourism was the main driving force behind the county's development, creating the necessary structures to support the dynamics of the economic fabric, with important repercussions on the employment market, namely in terms of job creation. This activity quickly established itself as the engine of the local economy, the great lever of development, becoming a permanent and structural landmark of the municipality's economy. In this area of tourism, the areas considered to be the most luxurious stand out: Albandeira, Caramujeira and Monte Carvoeiro. Praia da Marinha, on the other hand, has become an international tourist reference. In parallel with tourism, a whole range of complementary activities grew, namely in the areas of services, civil construction, commerce and industry. Mark your visit! (AC-LGA0041)