This urban plot with building permission in the Algarve is available for €738,000, making it an outstanding investment opportunity. Covering 3015 m², the plot includes an approved project for a spacious 3-bedroom villa complete with a massive 20 m long pool, all just 1 km away from beautiful beaches. The plot’s location between Lagos and Portimão opens up a world of amenities, from restaurants to shopping, in close proximity. With city electricity, water, and sewage connections already in place, it allows for immediate construction after applying for a building licence. Additionally, the flexibility exists to design a custom project with the help of recommended architects. This area is also known for its potential for capital growth, especially among buyers looking to invest in residential properties. Planning permission is a significant advantage, as it streamlines the construction process, saving you precious time. For those looking at lifestyle benefits, the proximity to golf courses and sandy shores makes it an attractive option. Don’t let this investment slip by; contact us today for more details!
• 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.