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What is the cost of a building plot with an approved project for a villa in the Algarve?

Plot in Lagos

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

The building plot with an approved project for a villa in the Algarve is priced at €738,000, making it a worthwhile investment for discerning buyers. This package includes not just the 3015m² plot, but also the invaluable approved design for a contemporary three-bedroom villa, complete with an option for a fourth bedroom or office. Situated just 1 km from beautiful beaches and offering breathtaking sea views, this property is perfect for those seeking a luxurious lifestyle. The cost includes the plot and the project approval, allowing you to bypass the lengthy application process, saving you an estimated 6-8 months. However, do keep in mind that fees for the building licence are additional. Located in a sought-after area between Lagos and Portimão, you will find local amenities, including shops and restaurants, within a short distance. This is truly a golden opportunity for those wishing to build a bespoke residence or a profitable rental property. Take the next step towards owning your dream home today by contacting us for more details!

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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