Development land for 9 to 15 apartments in Lagos, Algarve is listed at €900,000. The opportunity comprises one of seven approved residential plots, with six plots currently available. Each plot is approved for a block of 9, 12 or 15 apartments, depending on the proposed apartment sizes. The permitted layouts can include one-, two- or three-bedroom homes. Swimming pools and parking spaces may also be incorporated into the development. Individual plot areas range from approximately 1,169m² to 1,662m². The total construction area for each lot is stated as approximately 900m² to 1,200m². Across all seven lots, the combined land area is 12,189m². This makes the site suitable for a sizeable residential development rather than a single private dwelling. The land is situated in Lagos, in the Algarve region of southern Portugal. It is close to Lagos Marina, Meia Praia beach and the historic city centre. The nearest beach is approximately 2.6 kilometres away. Lagos city centre is also around 2.6 kilometres from the plots. Local shops, restaurants, schools and beaches support strong day-to-day convenience for future residents. Palmares golf course is approximately 6 kilometres away. The nearest school is around 2.1 kilometres from the site. Faro Airport can be reached at a distance of approximately 87.5 kilometres. Mains utilities and tarmac access are available for the development. Panoramic and countryside views add appeal to the future apartment blocks. The location and approved capacity create potential for sales or long-term rental demand, subject to detailed feasibility and final development costs. Contact us now for the full documentation, pricing details and an opportunity to assess these Lagos 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
