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What is the cost of building on a large coastal plot in Lagos?

Plot in Lagos

ref. LW1972
4.000.000€
  • NA
  • 506m2
  • 40.396m2

The cost of building on this large coastal plot in Lagos is framed with an extraordinary opportunity, priced at €4,000,000. This plot, which spans 40,396 m², comes with planning permission for constructing an impressive 244 m² residence, making it a feasible investment for buyers looking to create a luxurious home. Situated within 64 metres of breathtaking beaches and close to the historic charm of Lagos town centre, the location is simply unparalleled. Ideal for those who are serious about investing in real estate, this plot offers the perfect blend of coastal living combined with the amenities of urban life. Additionally, neighbours include renowned golf courses and scenic parks, which enhances the lifestyle appeal. The potential return on investment is significant, especially in this high-demand area of the Algarve. Interested buyers should seize this opportunity promptly. Don’t wait too long — properties of this calibre are snapped up quickly! Reach out to us to explore further details or to schedule a viewing.

Usage
Residential
Type
Plot
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Living Area
506 m²
Usable area
355 m²
Plot Area
40.396 m²
Tarmac
Panoramic View, Countryside View
• Plot of 40.396m²
• Permission for a building of approx. 244m²
• 109m² outbuilding with permission for 111m²
• Walking distance to two fantastic beaches and the historic city centre
• Distance to the beach 64m

This large plot is located between the picturesque Praia Dona Ana beach and the idyllic cove of Camilo. With magnificent views over Meia Praia beach opposite and all the way to Alvor, it is within walking distance of the historic town of Lagos.

The land can purchased as one, or as two separate plots, each with a ruin and approved project.
House 1 is €2,000,000, construction area in approved project approx. 244m²
House 2 is €1,000,000, construction area in approved project approx.111m²

This is a unique opportunity to own a dream property in a stunning location.
For further information please contact us.

Location

• Distance to the sea 0km
• Distance to the beach 64m
• Distance to Boavista Golf Course 3km
• Distance to Faro Airport 90km
• Distance to city centre/ old town of Lagos 1m
• Distance to the nearest school 1,5km
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