The cost of this urban plot of land with building permission in Algarve is €717,000. Located a mere 1km from the nearest beach and within close reach of the vibrant town of Lagos, this plot is an excellent investment opportunity. Measuring a generous 3162m², the price also includes an approved project for a stunning 3-bedroom villa featuring a unique 20m long pool, which is rare for the area. This means buyers can save substantial time, as the project has already been pre-approved, hence bypassing the typical 6-8 month waiting period for planning permission. In addition to its sought-after building permission, the plot comes equipped with essential utilities, including mains water, electricity, and sewage connections already set on the property. Besides the beach proximity, the site is also 2km from schools and just 1km from a prestigious golf course, enhancing its appeal for families and investors alike. Furthermore, the close distance to Faro International Airport, only 80km away, allows for easy travel access. Whether for personal use or as a rental investment, the potential for high returns is significant. In addition, the option to expand the villa to include a 4th bedroom is available for an added charge, providing flexibility in design. If this investment opportunity interests you, contact us today to arrange a viewing and learn more about your options!
• 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.
