House T4 For Sale In São Gonçalo De Lagos, Lagos Re/Max Portugal

M-716 4-Bedroom Villa with Approved Subdivision Project - Portelas, Lagos Located in Portelas, just 5 minutes from Lagos, this property offers an investment opportunity with an approved subdivision project allowing for further residential development. Development Potential: • Creation of two new plots of 196sqm and 275sqm, each designated for the construction of a 3-bedroom townhouse, with the alternative potential to develop two apartments per plot. • Maximum permitted build area of 208sqm per plot. • Potential to convert the existing garage into two 2-bedroom apartments, each with its own private entrance and outdoor space. • The garage conversion is subject to completion of the approved subdivision process. Existing 4-Bedroom Villa: • Ready to move into. • Four bedrooms, including one en-suite. • Two bathrooms. • Spacious living room and kitchen. • Access to a covered balcony. Location: • Portelas, approximately 5 minutes from Lagos. • Quiet residential setting with a countryside feel. Combining an existing, habitable villa with the potential to develop two additional villas and two apartments, this property is particularly suited to investors and property developers. For further information about the property and the approved project, please get in touch. (ref ON-123041071-64)