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How much do the 7 plots of land for apartment construction cost in Lagos?

Plot in Lagos

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

The cost for the 7 plots of land available for apartment construction in Lagos is €900,000. These plots provide an exceptional investment opportunity, having been approved for building 9 to 15 apartments per plot, depending on their configuration as 1, 2, or 3 bedroom units. These prime pieces of land are located just 2.6 km from both the beautiful Meia Praia beach and Lagos city centre, combining leisure and accessibility perfectly.

Each plot varies in size, ranging from 1169 m² to 1662 m², and homeowners could possibly enhance their property with amenities like swimming pools and dedicated parking spaces. Given that six out of the seven plots are still available, serious buyers should act swiftly to seize this remarkable opportunity.

With the growing demand for residential accommodation in Lagos, these plots are expected to yield significant returns on investment. The surrounding area features essential services including shops, schools, and dining options, making it an attractive option for families and renters alike. Investing in these plots not only provides potential financial gains but also makes a marked contribution to the community’s housing solutions. Contact us today for more details on this unique investment opportunity!

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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