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What are the investment opportunities for building apartments in Lagos?

Plot in Lagos

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

The investment opportunities for building apartments in Lagos are exceptional, particularly with these 7 available plots of land specifically approved for construction. Each plot can accommodate 9 to 15 apartments, ideal for serious developers looking to explore profitable ventures. Located just a stone's throw from Meia Praia beach and the vibrant Lagos Marina, your investment will draw in buyers eager for a coastal lifestyle. This site is not only advantageous due to its scenic views but also due to its proximity to essential amenities like shops, schools, and recreational areas. The residential market in Lagos is booming, making this an opportune time to invest in properties that can yield significant rental income. Dimensions range from 900 to 12189 square metres for total construction areas, providing substantial room for modern apartment designs, possibly including pools and parking spaces. The investment potential here is bolstered by the area's increasing popularity with both locals and tourists. Don't miss out on this golden opportunity—contact us today for more details!

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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