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Why consider investing in a building plot with planning permission in the Algarve?

Plot in Lagos

ref. LE2169
717.000€
  • NA
  • 3.162m2
  • Building Plot

Investing in a building plot with planning permission in the Algarve makes perfect sense, especially with the current opportunity in Lagos. This urban plot of 3162 m² is not only strategically located but comes with approved plans for a three-bedroom villa featuring a uniquely long pool measuring 20 m. Its proximity to the beach, just 1 km away, alongside local amenities and golf courses, makes it a prime investment. With a price of €717,000 covering both the land and the approved project, you save a substantial amount of time by bypassing the usual planning application process. The allure of the Algarve region—renowned for its beautiful coastline, pleasant climate, and vibrant lifestyle—fuels demand for housing, whether for permanent residency or holiday rentals. Moreover, in a dynamic market like Lagos, properties with such features promise valued returns, ensuring your investment grows. With established connections to essential services already in place, constructing your dream villa can be a straightforward project. Enjoy the flexibility to adapt the initial design to your preferences to create a bespoke living space. Don't miss out on this fantastic opportunity—reach out to us for further information or to arrange your private viewing.

Usage
Residential
Type
Plot
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Plot Area
3.162 m²
Tarmac
Mains electric, Mains drainage, Mains water, Borehole
Fenced
Countryside View, Panoramic View, Sea View
Building Plots
• 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.
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