Approved Development – 17 Residential Homes, Budens
Ref: LH073
Ref: LH073
Approved Development – 17 Residential Homes, Budens
This PIP-approved residential development in Budens, near Lagos, offers investors a prime opportunity to acquire 17 ready-to-build plots on a 7,640 m² site in the Algarve. With five clusters of townhouses and two detached villas, the project blends modern architecture and village charm, just minutes from Salema Beach, Santo António Golf, and Intermarché supermarket.
Project Overview
Total Area: 7,640 m²
Approved Layout: 17 plots (5×3 townhouses + 2 detached villas)
Planning Status: PIP approved (Informação Prévia favorável)
Parking: 34 private spaces (2 per dwelling) + 12 public
Heights: 2 floors + basement
Use: 100% residential
The architectural concept has been developed by a renowned Algarve architect, ensuring the design blends modern lines with local character, maximising buildable area, privacy, and light. Each unit is designed for T3 typology, with the possibility to include pools.
Why It’s a Winner
1. Approved, Clear, and Ready
No red tape. The heavy lifting is done — PIP approval in place, road alignments agreed, and the infrastructure plan validated by the municipality.
2. Low Land Cost, High Margins
Seventeen approved plots for €1.5M means under €90,000 per plot — a fraction of what similar land costs in the coastal Algarve.
With end resale values for modern T3 villas in this region between €550,000 and €750,000, the gross development potential is outstanding. This is a low-risk, high-return project that offers strong liquidity in a proven market.
3. Prime Location, Real Demand
Budens is an authentic Algarve village just minutes from:
Salema Beach (7 min drive)
Santo António Golf & Spa Resort (3 min drive)
Intermarché supermarket and petrol station (7 min walk)
Local cafés and restaurants (5 min walk)
Strategically located between Lagos and Sagres, Budens sits in one of the fastest-growing lifestyle corridors in the Western Algarve. This area is seeing increasing interest from international buyers seeking authentic Portuguese living near the coast.
4. Proven Team
You’re not starting from scratch — the project already has:
Professional architectural drawings and site layout
Urban parameters defined
Engineering and access plan prepared
Our local team of architects and planners is ready to finalise the execution project (Projeto de Execução) and move to the licensing and tendering phase immediately.
Priced at €1.5M, it delivers outstanding profitability through low land cost, high resale values, and solid local demand.
Marketed by Lagos Homes, your trusted real estate partner for property investment and development opportunities in the Algarve.
Total Area: 7,640 m²
Approved Layout: 17 plots (5×3 townhouses + 2 detached villas)
Planning Status: PIP approved (Informação Prévia favorável)
Parking: 34 private spaces (2 per dwelling) + 12 public
Heights: 2 floors + basement
Use: 100% residential
The architectural concept has been developed by a renowned Algarve architect, ensuring the design blends modern lines with local character, maximising buildable area, privacy, and light. Each unit is designed for T3 typology, with the possibility to include pools.
Why It’s a Winner
1. Approved, Clear, and Ready
No red tape. The heavy lifting is done — PIP approval in place, road alignments agreed, and the infrastructure plan validated by the municipality.
2. Low Land Cost, High Margins
Seventeen approved plots for €1.5M means under €90,000 per plot — a fraction of what similar land costs in the coastal Algarve.
With end resale values for modern T3 villas in this region between €550,000 and €750,000, the gross development potential is outstanding. This is a low-risk, high-return project that offers strong liquidity in a proven market.
3. Prime Location, Real Demand
Budens is an authentic Algarve village just minutes from:
Salema Beach (7 min drive)
Santo António Golf & Spa Resort (3 min drive)
Intermarché supermarket and petrol station (7 min walk)
Local cafés and restaurants (5 min walk)
Strategically located between Lagos and Sagres, Budens sits in one of the fastest-growing lifestyle corridors in the Western Algarve. This area is seeing increasing interest from international buyers seeking authentic Portuguese living near the coast.
4. Proven Team
You’re not starting from scratch — the project already has:
Professional architectural drawings and site layout
Urban parameters defined
Engineering and access plan prepared
Our local team of architects and planners is ready to finalise the execution project (Projeto de Execução) and move to the licensing and tendering phase immediately.
Priced at €1.5M, it delivers outstanding profitability through low land cost, high resale values, and solid local demand.
Marketed by Lagos Homes, your trusted real estate partner for property investment and development opportunities in the Algarve.
Property Features
- Heating
- Air conditioning
- Equipped kitchen
- Pool
- Proximity: Mountain, Beach, Golf course, Shopping, Restaurants, City
- Garden
- Garage
- Built year: 2026
- Private condominium
- Basement
- Views: Countryside views, Golf views, Village view
- Double glazing
- Parking space
- Solar orientation: South, East
- Mains water