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How can I invest in a plot with an approved project for a contemporary villa near the beach?

Plot in Lagos

ref. LE2168
738.000€
  • NA
  • 3.015m2
  • Building Plot

Right now, you have the opportunity to invest in a prime plot of land near Lagos with an approved project for a contemporary villa. This plot, spanning 3015 m², is priced at €738,000 and comes with the advantage of an established building proposal allowing for a luxury 3-bedroom villa complete with a generous 20 m long pool. Located just 1 km from the beach and surrounded by amenities, this is an ideal location for both residential living and rental investment. The property already has connections for mains electricity, water, and sewage, making it easy to begin construction as soon as the building licence is applied for. With the potential for customization during the build process, you'll have the chance to create your perfect home or holiday retreat. The surrounding Algarve region is highly desirable, offering opportunities for exceptional returns on rental investments due to high demand, especially during peak seasons. Connect with us today to learn about your next steps in purchasing this promising plot!

Usage
Residential
Type
Plot
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Plot Area
3.015 m²
Tarmac
Mains drainage, Mains water, Mains electric
Fenced
Countryside View, Panoramic View, Sea View
Building Plots
• Plot 3015m²
• Close to the popular city of Lagos with all amenities
• The price includes the plot and the approved project with a pool of 81m², but
not the construction
• Distance to the beach 1km

The property is located in a popular urbanization between Lagos and Portimão, not far from a golf course and the beach. It is one of 2 properties still available, out of a total of 7, located next to each other.

There is already an approved project for a 3-bedroom villa with a 20 m long pool. The size of the pool is unique in the Lagos area. The costs for the project approval are already included in the purchase price, the fees for the building license are not included in the purchase price. The building license must be applied for to begin construction.

You can also buy the plot and create your project with an architect. We can recommend architects and builders to you.

If you realize the approved project, you will save the time from application to approval of 6-8 months.

For more information, please contact us. We can explain all the options to you during an on-site visit.

Plot:
• Some Sea views
• Asphalted driveway
• City electricity, water and sewage connections are already on the property

Optionally, the villa can also be built with 4 bedrooms for an additional charge. This fourth bedroom can also be used as an office.

Amenities

• Asphalted driveway
• Mains supply is already available on the plot
• Building permit for a villa with a 20 m long pool is approved

Location

• Distance to nearest beach: 1km
• Distance to nearest school: 2km
• Distance to nearest golf course: 1km
• Distance to nearest town: 1.5km
• Distance to Faro International Airport: 80km

Other Info

Additional charge for the 4th bedroom/office approx. €4,000 per m².
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