Lagos (Santa Maria), Faro 8600

We present an excellent investment opportunity in the fast-growing real estate market in the city of Lagos. It is a plot of land already parcelled into seven urban lots, located in the residential area of Fonte Coberta, with an approved project for the construction of flat buildings with typologies T2 and T3, all with underground parking.This project, inserted in a planned urbanisation with partial views of the Marina de Lagos and the sea, offers a modern housing solution, with strong attractiveness for both the national and international markets.General Characteristics of UrbanizationTotal of 7 urban lots available for saleFeasibility for the construction of housing blocks with 4 floors (2 above the threshold level, 1 below and basement)Each plot allows you to build between 9 and 15 apartmentsAuthorized typologies: T2 and T3Private basement parking included in each lotUrbanization designed in an amphitheatre format, maximising the panoramic view of the city, the marina and the oceanExample of Lot (reference):Plot area: 1, 171 mImplantation area: up to 965 mGross construction area: up to 900 m (excluding basements, garages, technical compartments and outdoor areas)Distribution:4 apartments T35 2 bedroom apartments11 underground parking spacesStrategic LocationLocated in the Fonte Coberta area, this urbanisation benefits from an excellent residential location:A few minutes from the historic centre of LagosClose to Marina de Lagos, shopping areas and schoolsWalking distance to Dona Ana, Meia Praia and Porto de Ms beachesOnly 1 hour from Faro International AirportEasy access to the A22 (Via do Infante) and the train networkInvestment PotentialThis project represents an attractive opportunity for property developers and investors, thanks to the high demand for housing in Lagos whether for permanent residence, second home or investment in tourist rental.The central location, combined with the views and the construction potential already approved, guarantee a final product with high potential for appreciation and liquidity.For more detailed information about each lot, available areas, urban parameters or to schedule a site visit, please contact our team.Energy Rating: Exempt(Excluded from the Sce under Article 4(f) of Decree-Law No. 118/2013) ref:TER 838