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What is the cost of building a luxury 3-bedroom villa in the Algarve?

Plot in Lagos

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

The cost of building a luxury 3-bedroom villa in the Algarve can vary, but this plot near Lagos comes with an approved project included in the asking price of €738,000. This investment not only allows you to construct your desired home but also saves you the lengthy application time for planning permission, which could take 6-8 months. The approved project incorporates a unique design with a substantial 20 m long pool. The plot measures 3015 m² and is surrounded by scenic views of both the countryside and the sea. With mains water, electricity, and sewage already available on the property, you can start building your dream villa quickly. The Algarve region is renowned for its stunning landscapes, golf courses, and accessibility to beautiful beaches, ensuring high demand for rental opportunities if you're considering it as an investment. Don’t miss your chance to secure a piece of paradise—reach out to us for more information 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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