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How to invest in a residential plot with building permission near the beach?

Plot in Lagos

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

Investing in a residential plot with building permission near the beach is straightforward with this remarkable property near Lagos. Priced at €717,000, the 3162m² plot includes an approved project for a stunning three-bedroom villa complete with a swimming pool. Being only 1km away from some of the Algarve's beautiful beaches makes this location exceptionally attractive for both living and holiday purposes. This investment not only provides the chance to create your dream home but offers potential rental income too due to the area's high tourist appeal. The plot is part of a vibrant urban community, where you have easy access to golfing, shopping, and dining experiences within close proximity. Plus, the mains connections for electricity, water, and sewage already on site save considerable hassle during the construction process. You also have the option to personalize the project through bespoke changes during the build. The value of this property extends to its beautiful surroundings and the luxurious lifestyle it can provide. If you're serious about investing in the Algarve, this plot is an excellent opportunity. Contact us today to learn more about building your dream home!

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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