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What are the costs for plots approved for building in Lagos?

Plot in Lagos

ref. LW2379
823.033CHF
  • NA
  • 1.169m2
  • Building Plot

Understanding the costs for plots approved for building in Lagos is vital for serious investors. These 7 plots, available for €900,000, offer exceptional value as they hold permits for erecting between 9 and 15 apartments. Depending on your development plans, these plots range in size from 1169 to 1662 m², providing opportunities for luxury 1, 2, or 3-bedroom apartments with swimming pools. The location, just 2.6 km from the beach and Lagos city centre, makes these plots even more appealing. The investment potential is significant, given their proximity to local amenities such as schools, shops, and restaurants. Each plot's strategic position with panoramic views enhances its value and desirability. The opportunity to create a sought-after apartment complex in a prime location promises an excellent return on investment. For anyone exploring the real estate market in the Algarve, these plots represent a fantastic opportunity. Contact us today for a detailed breakdown of costs and to secure your investment!

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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