This plot near Lagos represents an exceptional investment opportunity, being one of the last available with an approved project for a 3-bedroom villa. Priced at €738,000, it includes an extensive 3015m² land area and a unique 20m long swimming pool designed in the project. The location’s proximity to the beach (just 1km away) and the town of Lagos (1.5km away) enhances its appeal for vacationers and long-term tenants alike. A building license is required to start construction, but all project approval costs are already included in the asking price. Investors can also choose to collaborate with local architects should they wish to modify the existing plans. The plot is fully connected to essential services like mains electricity and water, ensuring a straightforward construction process. This prime location, combined with burgeoning demand for luxury homes in the Algarve, guarantees a compelling ROI. Take action on this investment opportunity yesterday—it's perfectly tailored for serious buyers looking for long-term gains. Contact us today to discuss the property further!
• 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.
