A building plot approved for 9 to 15 apartments near Lagos Marina is listed at €900,000. The permitted apartment yield depends on the size and configuration of the homes ultimately designed for each block. This Lagos development land is therefore suited to buyers assessing a substantial residential construction project. Six plots remain available from the original seven. Each plot measures approximately 1,169 m² to 1,662 m². The corresponding construction area is stated at roughly 900 m² to 1,200 m² per lot. Apartment layouts may include one, two or three bedrooms. Plans can incorporate a swimming pool and parking spaces, adding to the attractiveness of the completed development. The site is located close to Lagos Marina and Meia Praia beach. Both the marina and beach contribute to the area's popularity with residents, holidaymakers and property investors. Lagos city centre is around 2.6 km from the land. Essential amenities, including shops, schools and restaurants, are available in the surrounding area. The nearest school is approximately 2.1 km away. Palmares golf course can be reached within about 6 km. Faro Airport is approximately 87.5 km away, supporting access for international purchasers and holiday visitors. Mains utilities are available, helping to support the planned construction process. Tarmac access provides convenient approach to the plots. Panoramic and countryside views could enhance the outlook and marketing appeal of the apartments. The project offers potential for individual sales, long-term rental accommodation or holiday-led investment, subject to the developer's strategy and applicable regulations. Buyers should assess construction costs, financing, taxes and projected revenues before committing to the purchase. Contact us to confirm the current price, review the planning documentation and arrange a visit to the land.
● 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
