Investing in a plot of land with sea views in the Algarve presents a unique opportunity for buyers. This urban plot near Lagos offers building permission for a contemporary villa, perfect for those looking to create a dream home. Priced at €717,000, the plot spans 3162m² and is just 1km from the beach, providing an ideal location for both residential living and rental potential.
Located in a popular urbanization, the plot benefits from the proximity to shops, restaurants, and a stunning golf course, enhancing its attractiveness as a long-term investment. The approved project includes a luxury 3-bedroom villa with an impressive 20m pool, ensuring a high return on investment. Furthermore, some bespoke changes can be made to the design during construction, allowing you to tailor the villa to your preferences.
All necessary connections for water, electricity, and sewage are already available on-site, simplifying the construction process. Notably, investors can save 6-8 months on project approvals by utilising the existing permissions. Additionally, local architects and builders can be recommended for those wishing to create a custom-designed home.
With potential for stunning sea views and a location surrounded by natural beauty, this plot offers an appealing lifestyle choice. Coupled with the investment opportunities associated with the tourism industry in the Algarve, this is a prime chance for savvy investors to secure a piece of paradise. Don’t miss out on this exceptional opportunity; contact us today to learn more!
• Plot 3162m²
• Close to the popular city of Lagos with all amenities
• The price includes the plot and the approved project with a pool of 81 m², but
not the construction.
• Distance to the beach 1km
The property is located in a popular urbanization near Lagos, 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 land 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
• Borehole
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
• Borehole
• Asphalted driveway
• Mains supply is already available on the plot
• Building permission for a 3 bedroom villa with a 20 m long pool is available
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.
