Lagos investment land with approval for apartment blocks and optional swimming pools is available from €900,000. The plots can accommodate 9, 12 or 15 apartments in each block, subject to the chosen apartment sizes. The permitted residential mix includes one-, two- and three-bedroom apartments. Six out of seven plots remain available for purchase. Swimming pools and parking spaces can be incorporated into the development concept. Plot areas begin at approximately 1,169 m² and extend to about 1,662 m². Construction areas range from roughly 900 to 1,200 m² per plot. The entire group of plots covers approximately 12,189 m². This makes the opportunity relevant to construction companies, property developers and investors seeking a sizeable Algarve project. The site is situated in Lagos, one of the established coastal towns in the West Algarve. Meia Praia and the nearest beach are approximately 2.6 km away. Lagos city centre is also about 2.6 km from the plots. Lagos Marina is nearby and adds lifestyle appeal for residents and holiday guests. Shops, restaurants and schools are accessible from the development. The nearest school is approximately 2.1 km away. Palmares golf course is around 6 km from the proposed apartment site. Faro Airport is approximately 87.5 km away. Panoramic and countryside views may enhance the positioning of the completed homes. Tarmac access and mains utilities are listed among the site provisions. A pool-equipped scheme could improve the attractiveness of apartments for resale or holiday letting, subject to design, licensing and operating arrangements. Investors can evaluate multiple strategies, including phased construction, unit sales or a retained rental portfolio. Contact us now for the plot availability, planning documents and next steps towards buying this Lagos development 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
