PRIME LOCATION | PLOT FOR CONSTRUCTION WITH APPROVED T5 VILLA PROJECT AT MONTE DE FUNCHAL FOR SALE - LAGOS


790,000
NOTIFY ME OF PRICE CHANGES
  • #1070 Reference
  • 5 Beds
  • 6 Bath
  • 500 m²Built
  • 1829 m²Plot

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Opportunities to shape the built environment in prime coastal locations are not frequent, and this particular plot in Monte de Funchal, Lagos, may well represent such a case. Positioned in a sought-after setting, the land benefits from an approved architectural project for a two-storey villa, offering a total construction area of approximately 500 square meters. The design accommodates five en-suite bedrooms, extensive living and dining areas, and a flexible spatial configuration that can be adjusted to suit individual preferences.

What distinguishes the proposal is not simply its size, but its capacity to integrate interior and exterior life. Generous terraces, both covered and open, extend the living areas outdoors, while oversized balconies invite long views across the surrounding landscape. A large swimming pool is foreseen within the garden, reinforcing the connection between architecture and leisure space.

Location plays a decisive role in the value of such plots. This property is located just a few minutes’ drive from the historic center of Lagos, which boasts a rich architectural heritage and a vibrant cultural life. Some world-famous beaches, including Meia Praia and Praia Dona Ana, are reachable in about 10 minutes. Golf enthusiasts would find multiple resorts, including Palmares and Boavista, at a similar distance. For international access, Faro Airport (FAO) can be reached in an hour, depending on traffic conditions.

While the villa project is already approved, its customizable features suggest that future owners could adapt the space to evolving needs, whether prioritizing private family use, rental potential, or a hybrid of both. The plot should not be seen merely as land with permission to build, but rather as a site that enables the articulation of lifestyle, investment, and architectural expression in one of the Algarve’s most dynamic coastal towns.

When considering the broader context, one could argue that the scarcity of well-located plots near Lagos increases the long-term value of this property. Whether the future construction serves as a primary residence, seasonal retreat, or part of a larger investment portfolio, this site offers flexibility along with significant locational advantages.

Interested?

Contact our LiveAlgarve Realty Team for further information and to schedule a private viewing.


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Contact us at LiveAlgarve Realty for more details or to schedule a viewing!

0€
Rental Potential
0€
Condo Fee
53,720€
IMT Tax

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Svetlana Goussakov
Svetlana Goussakov
Property Development Expert

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