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How many residential apartments can I construct on a plot in Lagos?

Plot in Lagos

ref. LW2379
900.000€
  • NA
  • 1.169m2
  • Building Plot

On each of the available plots in Lagos, you can construct between 9 to 15 residential apartments, depending on your chosen apartment sizes. These approved plots are offered at a total price of €900,000 and range in area from 1169 to 1662 square meters, providing flexibility for diverse architectural designs. Ideal for building 1, 2, or 3-bedroom apartments, each plot can include features like swimming pools and parking spaces, meeting the modern demands of residents. Located just 2.6 km from the beautiful Meia Praia beach and the lively Lagos city centre, the location is perfect for attracting tenants and future buyers. The overall area of all plots adds up to 12,189 square meters, allowing for multiple development strategies. The demand for quality residential properties in Lagos continues to grow, making these plots an appealing investment opportunity. Nearby amenities including schools, shops, and restaurants enhance the living experience for future residents, contributing to the attractiveness of your developments. With great potential for rental income and appreciation, this is an opportunity you won't want to miss. Get in touch with us now to discuss how to maximise your investment in Lagos!

Usage
Residential
Type
Plot
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Usable area
900 m²
Plot Area
1.169 m²
Tarmac
Panoramic View, Countryside View
Building Plots
● 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
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