The listed price for this Lagos, Algarve development opportunity is €900,000, with individual plots approved for 9 to 15 apartments. This land is for sale to developers and construction companies seeking an approved residential project near the coast. Depending on the selected plot and apartment sizes, the scheme can include one-, two- or three-bedroom homes. The price relates to a development opportunity within a collection of seven plots, of which six are currently available. Plot sizes range from approximately 1,169m² to 1,662m². Each lot has an indicated construction area of roughly 900m² to 1,200m². The total area across all plots is approximately 12,189m². Swimming pools and parking spaces can be incorporated into the proposed apartment blocks. This flexibility allows a developer to respond to different buyer and rental requirements. The land occupies a well-positioned part of Lagos in the western Algarve. Lagos Marina, the city centre and Meia Praia beach are all close by. The nearest beach is approximately 2.6km away. Local shops, restaurants and schools contribute to year-round convenience. Palmares golf course is about 6km from the plots. Faro Airport lies approximately 87.5km away, supporting access for overseas purchasers and tourists. Panoramic and countryside views may strengthen the market appeal of the completed apartments. Mains utilities are available for the development. The location and approved capacity could support a range of sales or rental strategies, although financial returns will depend on build costs, final design, pricing and permissions. Request the full sales information and contact us to evaluate whether this €900,000 Lagos land investment suits your development plans.
● 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
