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What are the best investment opportunities for land near Lagos?

Plot in Lagos

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

Investing in this urban plot near Lagos offers one of the best opportunities to secure land with planning permission. Priced at €738,000, the plot covers 3015 m² and includes an approved project for a 3-bedroom villa with a uniquely long 20 m pool. Located only 1km from the beach, this prime piece of real estate stands in a popular urbanization that is close to vital amenities in both Lagos and Portimão. The area boasts significant appreciation potential, appealing to investors and homebuyers alike. With direct connections to mains electricity, water, and sewage, you can start making your dream home a reality without delay. This plot is particularly attractive for buyers looking for a secure investment in a booming region, complemented by nearby leisure options like golf courses. Existing planning permissions equate to considerable time savings, eliminating the lengthy processes often involved in property construction. With investment trends favouring coastal properties, now is the time to explore this fantastic opportunity. Get in touch with us today to discover more about this exceptional property!

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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