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Excellent real estate investment opportunity in the heart of the city of Lagos, old houses and plot with approved project for the construction of 5 modern townhouses

São Gonçalo de Lagos, Faro

€990,000

REF  PL033

Description

We present this very interesting project located in the center of the city of Lagos, in an area of high demand and strong potential for appreciation.

The property consists of land with old houses (identified in the images) and has an approved project for the construction of 5 semi-detached townhouses, all with garage, swimming pool, balconies and large terraces.

The project includes two distinct typologies:

2 Townhouses with 4 bedrooms, spread over 4 floors + penthouse

3 Townhouses with 2 bedroom, spread over 3 floors + penthouse

All houses have spacious terraces with swimming pool, well-oriented balconies, private garage

With generous areas and excellent use of space, it is ideal for permanent housing or rental investment.

Construction Areas

4 Bedroom Townhouses:

Fraction A

Floor 0 - 76m2

Floor 1 - 65m2

Floor 2 - 57m2

Floor 3 - 48m2

Rooftop - 43m2

Fraction B

Floor 0 - 82m2

Floor 1 - 73m2

Floor 2 - 73m2

Floor 3 - 58m2

Rooftop - 63m2

2 Bedroom Townhouses:

Fraction C

Floor 0 - 58m2

Floor 1 - 60m2

Floor 2 - 54m2

Rooftop - 52m2

Fraction D

Floor 0 - 56m2

Floor 1 - 58m2

Rooftop - 50m2

Fraction E

Floor 1 - 56m2

Floor 2 - 50m2

Rooftop - 48m2

Total project construction area: 1030m²

This is a turnkey project, ideal for developers or investors looking to develop a high-quality residential development in one of the most sought-after cities in the Algarve.

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