The costs involved in constructing 1 to 3 bedroom apartments on plots in Lagos can vary significantly based on your design choices and materials used. These seven plots available for sale allow for strategic development of 9 to 15 apartments with features such as swimming pools and parking spaces. The overall investment for these lands, priced at €900,000, provides developers with a solid foundation for creating desirable housing in one of the Algarve's most sought-after areas. Each plot is approved for a total construction area ranging from 900 to 1200m², ensuring ample space to design modern living environments. The inevitability of location plays a vital role in property valuation, especially given how close these plots are to the beach and vibrant amenities. In addition to construction costs, consider factors such as project management, licensing, and marketing that will contribute to your overall budget. Since these plots are well positioned in a bustling area, they are likely to yield a strong rental income post-construction. For serious investors looking to understand the full scope of costs, we provide detailed breakdowns to aid your planning. Contact us today to get started!
● 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
