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Why should I invest in a plot with an approved project in the Algarve?

Plot in Lagos

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

Investing in a plot with an approved project in the Algarve offers tremendous advantages. This particular plot priced at €738,000 not only comes with breathtaking sea views but also features an approved project for a stylish 3-bedroom villa with a remarkable 20m pool. Given the demand for properties in the Algarve region, such developments can yield high rental returns, appealing to those looking for investment potential. By purchasing this plot, buyers will save valuable time as they will not need to go through the lengthy approval processes, which typically lasts 6-8 months. Located just 1 km from the beach and close to amenities and golf courses, this area offers both a serene lifestyle and easy access to modern conveniences. By investing here, you're purchasing a slice of paradise that can be tailored to suit personal preferences, thanks to the possibility of bespoke changes during the construction. This plot also encompasses all essential utilities already connected, easing the path to construction. Don’t miss out on this unique opportunity—contact us today for more information and to discuss your investment plans!

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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