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What are the investment opportunities for building apartments near Meia Praia beach?

Plot in Lagos

ref. LW2379
10.601.658NOK
  • NA
  • 1.169m2
  • Building Plot

Investing in land for building apartments near Meia Praia beach presents an exceptional opportunity. The 7 approved plots for sale in Lagos allow for the construction of 9 to 15 apartments per block, depending on your chosen configuration. This location's appeal is significantly bolstered by its short distance, just 2.6km from the beach, making it a prime spot for residential development. Buyers will appreciate the convenience of living close to stunning coastlines while having access to local amenities such as shops, schools, and the bustling Lagos city centre. The plots range in size from 1169 to 1662m², offering sufficient space for 1, 2, or 3-bedroom units, potentially with swimming pool options, enhancing desirability for future tenants. With rental demand consistently high in this vibrant area, investing here means aligning with a lucrative market poised for growth. Potential returns on investment could be substantial due to the increasing interest in short-term rentals and holiday homes. As 6 out of 7 plots remain, now is the perfect time to secure your investment. Don't miss this chance to develop high-demand apartments in an unparalleled location. Contact us today for further 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
Enquire Now   +