These approved investment plots for sale in Lagos could accommodate 9 to 15 apartments in each residential block. Six plots remain available, with an advertised price of €900,000 for this development opportunity. The permitted apartment mix can comprise one-, two- or three-bedroom homes, allowing a developer to respond to different buyer and rental markets. Each block’s final capacity depends on the size of the apartments chosen. The plots offer construction areas of approximately 900 m² to 1,200 m² per lot. Plot areas range from approximately 1,169 m² to 1,662 m². Across all seven lots, the overall land area is approximately 12,189 m². Swimming pools can be considered within the external layout. Dedicated parking spaces are also possible for the completed apartments. Panoramic and countryside views could strengthen the appeal of the finished development. The site is in Lagos, in the Algarve’s western region. It is approximately 2.6 km from Lagos city centre and the nearest beach. Lagos Marina is a short walk away and provides restaurants, waterfront amenities and leisure attractions. Meia Praia is another significant coastal attraction nearby. Shops, schools and restaurants in the surrounding area may support both permanent living and visitor demand. Palmares golf course is located around 6 km from the plots. Faro Airport is approximately 87.5 km away, making the location accessible to international purchasers and tenants. Mains utilities and tarmac access are already identified for the site. The approved residential framework gives construction companies a defined basis for feasibility studies, budgeting and exit planning. Potential strategies could include selling completed apartments, retaining units for long-term rental or exploring licensed tourist accommodation, subject to legal and market due diligence. Contact us to review the development information and arrange an inspection of this Lagos investment land.
● 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
