A development plot approved for 9 to 15 apartments near Lagos Marina is listed at €900,000. Six plots remain available from the original seven, and the approved capacity depends on the size and configuration of the apartments. Buyers can develop one-, two- or three-bedroom apartments on each plot, with the option to provide swimming pools and parking spaces. The land is located in Lagos, Algarve, close to the marina and city centre. Construction areas for the individual lots range from approximately 900 to 1,200 square metres. Plot sizes range from 1,169 to 1,662 square metres. The total area across the seven plots is 12,189 square metres. This provides a substantial landholding for construction companies and residential developers. The proposed apartment blocks could be positioned for owner-occupier, second-home and rental demand. Lagos Marina is within easy walking distance of the development area. Meia Praia and other coastal attractions are approximately 2.6 kilometres away. Lagos city centre is also approximately 2.6 kilometres from the plots. Nearby shops, restaurants and schools add practical convenience for future residents. A Palmares golf course is located approximately 6 kilometres away. The site benefits from mains utilities and tarmac access. Panoramic and countryside views could strengthen the appeal of the completed apartments. Swimming pools and dedicated parking may help differentiate the future development in the Lagos market. Faro Airport is approximately 87.5 kilometres away, making the location accessible to overseas purchasers and visitors. Developers should undertake their own financial, legal and planning due diligence before committing to a project. Contact us now for the current availability, documentation and viewing arrangements.
● 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
