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What are the best investment opportunities in Lagos with planned projects?

Plot in Lagos

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

One of the best investment opportunities in Lagos is this exceptional 3015m² plot, which comes with approved building permission for a 3-bedroom villa. Priced at €738,000, this land not only offers sea views but also has a comprehensive project plan that includes an 81m² swimming pool, providing immediate value and ease for potential investors. Located just 1km from the beach and surrounded by amenities, this property is perfect for both residential use and rental investments. The details have already been set with city connections to electricity, water, and sewage, ensuring a hassle-free construction process. As one of the last available plots in this sought-after urbanization, it promises quick appreciation in value as new projects are developed nearby. Additionally, being only 80km from Faro International Airport assures accessibility for holidaymakers. With the option to further customize your build with an architect, this plot has the potential for long-term profitability. Potential buyers will also appreciate the lower timelines from project to construction, saving 6-8 months typically necessary for building approvals. If you are ready to explore this unique investment opportunity, reach out to us today!

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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