One of the best investment opportunities in the Algarve is this urban plot near Lagos, available for €738,000 with an approved project for a contemporary villa. This prime location allows you to build a luxurious 3-bedroom home with a spacious 20m long pool, and the plot is just 1km from stunning beaches and local amenities. The current market in this area shows high demand, making it perfect for buyers looking to build and live or rent out. The plot also offers stunning sea views and has essential utilities already connected, providing a hassle-free start to your construction journey. By opting for the approved project, you can avoid the lengthy waiting times associated with new applications. Take advantage of this growing market and initiate the construction of your dream home today! Contact our team for further information on how to secure this excellent plot!
• 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.
