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What is the cost of a residential plot with an approved villa project in the Algarve?

Plot in Lagos

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

The cost of this residential plot with an approved villa project in the Algarve is €738,000. This offering includes a spacious plot of 3015m² located just 1 km from the beach, ideal for someone looking to build their dream home. The property comes with an approved project for a contemporary three-bedroom villa complete with a unique 20m swimming pool, making it a fantastic investment opportunity for buyers. Located near the vibrant town of Lagos, you have access to all essential amenities, including schools and golf courses, all within a 2 km radius. The property benefits from existing connections to city electricity, water, and sewage, providing an easy starting point for construction. The purchase price covers the plot and project approval costs, but please note that construction fees are additional. Furthermore, bespoke changes to the approved project can be discussed, allowing for a personal touch. Investing in this plot saves you approximately 6-8 months of time as the project is already approved. This area is highly sought after, combining luxury living with proximity to beautiful beaches and stunning views. If you're dreaming of a coastal retreat, this property presents an excellent opportunity. Don't miss your chance to secure a slice of paradise. Contact us today to discuss your options and schedule a viewing!

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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