Land - 30,080 m² - Approved Construction Project - Urban Lagos

Key Information

Price:
€8,000,000
Reference:
PP4092
Type:
Land
Location:
Lagos, Western Algarve
Region:
Algarve
Country:
Portugal (PT)
Bedrooms:
n/a
Bathrooms:
n/a
Living Area:
11,941m2
Plot Size:
30,080m2

Description

Allotment and construction project approved by the Municipality of Lagos, on a 30,080 m2 plot.

Includes a Construction Permit paid and valid for 2 years, starting later this year and extendable for a further year. The license allows the construction of up to 26 lots, with 63 dwellings totalling 11,941 m2.

The land is for sale in its original state, with a cost for allotment and infrastructure creation in the order of 1M € under the buyer's responsibility. It is expected that this investment will have a cost before the housing construction of around 6.5 M € (5.5 M € for the land + 1 M € making good the allotment).

The urbanisation that will emerge will be served by the first bike path, built from scratch, to connect Porto de Mós to Boavista Golf Resort. Brief description - the urbanisation will be located on one of the valley slopes of the river that flows into Porto de Mós, with unique and exclusive access, facing south/southeast. There will be single-family houses around the perimeter and apartments in the centre with a swimming pool.
The maximum height of the facades is 7,5 metres, underground garages, allowing the construction of 2 floors above the ground.

In summary, there will be:

* 17 single-family 4 bedroom townhouses with a construction area of 200 m2

* 8 single-family 5 bedroom detached houses with up to 350 m2 of build area.

* 39 2 bedroom apartments in the centre of the project built under the Horizontal Property Regime

Ref: PP4092

Property Features

Why Choose Berkshire Hathaway HomeServices Portugal Property?

When buying real estate in Portugal, one name stands above the rest—Berkshire Hathaway HomeServices Portugal Property (PortugalProperty.com). As part of the Berkshire Hathaway network, owned by Warren Buffett, we are backed by one of the world's most powerful and trusted brands, ranked fourth most admired globally.

With 10 offices across Portugal—spanning the east to west Algarve, Lisbon, Porto, Cascais, Madeira, and the Azores—we offer unmatched local expertise and national coverage.

Our network includes 50,000+ brokers across 1,400+ offices worldwide, ensuring clients benefit from both global reach and deep market insight. In Portugal alone, we have over 100 brokers, equipped with luxury vehicles to personally guide clients to their ideal properties.

Exclusive Access & Full-Service Support

We offer exclusive listings, and if this property isn't the perfect fit, our strategic partnerships with Portugal's top agencies ensure we'll find the right one. From legal guidance and financing to property management, we provide end-to-end service for a seamless buying experience.

A Brand Built on Trust & Results

With Berkshire Hathaway HomeServices, you're choosing a global leader in real estate, known for integrity, strength, and results. Buying a home is one of the most important investments you'll make—partner with a name you can trust.

Your perfect home in Portugal awaits. Let's find it together.

PortugalProperty.com


Property Images

YouTube Video

Video URL:
 

Back to property list