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What are the best investment opportunities for apartment blocks in Lagos?

Plot in Lagos

ref. LW2379
900.000€
  • NA
  • 1.169m2
  • Building Plot

For developers looking for the best investment opportunities in Lagos, these 7 approved plots for constructing apartment blocks are a top choice. The available plots allow the construction of either 1, 2, or 3-bedroom apartments and can feature swimming pools alongside parking spaces, catering to a wide market of potential buyers. With a sale price of 900,000€, this is an exceptional investment likely to yield substantial returns.

Situated only 2.6 km from Meia Praia beach and within walking distance to Lagos Marina, this location is perfect for those looking to attract holiday makers and long-term renters. Each plot provides generous area allowances, from 1169 to 1662m², allowing for versatile development options to maximise space.

Investing here is advantageous given the growing demand for residential properties near popular tourist spots. The potential for significant rental income is further enhanced due to the proximity to schools, restaurants, and leisure facilities, which are key selling points for future tenants.

With fantastic amenities nearby and a vibrant lifestyle available, these apartments are poised to be highly sought after. As the Algarve remains a hub for foreign investment, entering the market now could yield high dividends in years to come. Don’t miss this chance to secure a prime investment in sunny Lagos.

Get in touch with us today to find out more about these unique properties!

Usage
Residential
Type
Plot
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Usable area
900 m²
Plot Area
1.169 m²
Tarmac
Panoramic View, Countryside View
Building 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
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