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How can I invest in a residential plot with building permission in Lagos?

Plot in Lagos

ref. LE2168
8.093.369SEK
  • NA
  • 3.015m2
  • Building Plot

Investing in this approved residential plot in Lagos is a straightforward process. Available at €738,000, this 3015m² plot includes all necessary permissions for a modern 3-bedroom villa with an 81m² pool, ensuring minimal hassle from regulatory bodies. The location offers stunning sea views and is conveniently only 1km from beautiful sandy beaches, appealing to both personal relocators and investors alike.

The plot is well-equipped with mains water, electricity, and sewage already connected, allowing you to commence construction without delay. Set within a sought-after urbanisation near Lagos, you'll find golf courses, schools, and various amenities all within easy reach, enhancing the lifestyle you can enjoy in this vibrant locale.

This project represents an outstanding investment opportunity; with the Algarve's booming tourism sector, you can benefit from lucrative rental returns or increase your property's value significantly over time. Plus, the approved project saves you the lengthy wait of obtaining permissions, allowing you to focus on the exciting part—building your ideal home.

If additional specifications arise, there’s room for bespoke designs during construction, customizable to your taste. As interest in the region continues to grow, this plot is poised to be a wise investment choice within a competitive market. Take the next step towards your investment future by contacting us for more information or to arrange a site visit!

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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