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Why invest in a residential plot with planning approval near Lagos?

Plot in Lagos

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

Investing in this residential plot with planning approval near Lagos is a wise decision, especially at a price of €717,000. This plot provides not only the advantage of immediate building permission but also a strategic location within 1km from beautiful beaches and all essential amenities. Covering an area of 3162m², the property comes with an approved project for a spacious 3-bedroom villa, featuring a massive 20m swimming pool. Such projects are not commonly available, making this an exceptional find in the Algarve market. The area's offerings go beyond the beach; it’s a family-friendly community with proximity to schools, golf courses, and a lively town center just a short drive away. The return on investment is also notable, as properties in this region are highly sought after for holiday rentals, given their tourist appeal. Additional features include existing mains connections for water, electricity, and sewage, adding further value to the overall proposition. Should buyers wish to modify the approved project, recommendations for architects and builders can be provided to tailor your dream property. This is a unique opportunity you won’t want to miss. Get in touch with us for more details and a guided property tour!

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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