In Lagos, each approved building plot can accommodate between 9 to 15 apartments, depending on the specific design and size chosen for the units. These seven available plots, priced at €900,000, are strategically located a mere 2.6 km from Meia Praia beach and the city centre, making them highly desirable for future residents. Developers will have the freedom to design a mix of one, two, or three-bedroom apartments, all whilst enjoying stunning panoramic views of the countryside. This flexible development potential not only enhances the appeal of the investment but also meets the growing demand for quality housing in the Algarve region. With construction areas ranging from 900 to 1200 square metres, there’s ample space to incorporate amenities like swimming pools and parking facilities, increasing the property’s value. The proximity to local schools, shops, and restaurants ensures that future tenants will have everything they need just moments away. Investing in these plots represents a unique opportunity to tap into the lucrative rental market that the Algarve is known for, with a significant return on investment. Areas close to the marina and beaches offer high occupancy rates, especially during the tourist season. Don’t hesitate to explore this incredible investment potential. Reach out today to learn more about this opportunity and arrange a viewing.
● Total construction areas of each lote from 900 - 1200m²
● Plot areas start from 1169 – 1662m²
● Total area of all lotes 12189m²
● 1-, 2- or 3-bedroom apartments
● Located in Lagos
● 2,6km to the nearest beach
There are now 6 out of 7 plots available. Each plot will allow for 9, 12 or 15 apartments (dependent upon size) with 1, 2 or 3 bedrooms. There can be the option of a swimming pool and parking spaces. Ideal investment opportunity for a developer/construction company.
These new constructions will be well sought-after, with the location being close to shops, schools, restaurants and beaches, which make this a great choice for business investment.
The blocks consist of:
• 1-, 2- or 3-bedroom apartments
External:
• Swimming Pool
• Parking spaces
Amenities
• Mains utilities
Location
• 2,6km from the Beach
• 2,6km from Lagos city centre
• 6km to nearest golf course (Palmares)
• 2,1km to nearest school
• 87,5km to Faro Airport
