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What unique investment options exist for land near Lagos with building permission?

Plot in Lagos

ref. LE2169
666.278CHF
  • NA
  • 3.162m2
  • Building Plot

There are unique investment options available for land near Lagos with building permission, and this urban plot provides an excellent example. Priced at €717,000, the 3162m² plot includes an approved project for a contemporary villa that features breathtaking sea views. The location is just a stone's throw away from local beaches and amenities, making it a hidden gem for potential property developers or future homeowners. With the added value of an approved project, you can bypass lengthy approval processes, saving you time and allowing you to start construction sooner. This plot also offers the flexibility of bespoke design options during the build, meaning you can tailor the villa to your personal taste and lifestyle. With essential utilities already in place, including mains water, sewage, and electricity, setting it up for construction has never been easier. The potential for significant ROI is promising in this thriving area where property values are steadily increasing. Whether you're looking to generate rental income or secure a luxurious permanent residence, this investment is undoubtedly appealing. For more information on this unique opportunity, reach out to us today and take the first step towards making your real estate dreams a reality!

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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