The advertised price is €900,000 for development land in Lagos approved for 9 to 15 apartments. These plots are close to Lagos Marina, Meia Praia beach and Lagos city centre. Buyers can develop one-, two- or three-bedroom apartments, with options for a swimming pool and parking spaces. The opportunity is aimed at developers and construction companies seeking investment land in the Algarve. Six of the original seven plots are currently available. Each plot allows for nine, 12 or 15 apartments, depending on the proposed apartment sizes. Individual plot areas range from 1,169m² to 1,662m². The total construction area for each lot ranges from approximately 900m² to 1,200m². Combined, the seven plots cover 12,189m². The approved residential concept provides flexibility for creating different apartment layouts. Optional communal swimming pools could strengthen the appeal of the finished development. Dedicated parking spaces can also be incorporated into the scheme. Lagos Marina is within easy reach for residents and future rental guests. Meia Praia and the nearest beach are approximately 2.6km away. Lagos city centre is also around 2.6km from the plots. Shops, restaurants, schools and beaches nearby can support strong long-term demand. Palmares Golf Course is approximately 6km away. Faro Airport is about 87.5km from the site, supporting international access. Mains utilities and tarmac access are available. Contact us now for pricing information, documentation and a viewing.
● 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
