The asking price for this prime residential plot with planning permission in Algarve is €717,000. Situated just 1km from the nearest beach and only 1.5km from the bustling city of Lagos, this plot offers an exceptional opportunity for buyers looking to invest. Included in the price is a 3-bedroom villa project and an impressive 20m-long swimming pool design, perfect for creating your dream home. Additional charges apply if you're considering expanding to a four-bedroom design. The property encompasses a generous 3162m², set in a desirable urbanization close to amenities such as schools and golf courses, making it ideal for families or retirees. The exclusive project approval already in place allows you to skip the typically lengthy planning phase, ensuring a fast-track opportunity. Key utilities such as mains electricity, water, and sewage connections are already available. Additionally, the plot has a borehole for supplemental water supply. With bespoke changes allowed during construction, there’s flexibility in creating a home tailored to your taste. Explore the nearby sandy beaches and vibrant local culture, all within convenient reach. This plot is a competitive investment in the thriving Algarve property market, known for strong rental returns. Don't miss out on this incredible opportunity. Contact us now to schedule a viewing and obtain more information!
• 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.