Investing in plots near Meia Praia beach presents an exciting opportunity for those looking to construct desirable residential apartments. Our selection of 7 approved plots allows for building between 9 to 15 apartments each, accommodating different layouts with options for swimming pools and parking. Prices for these plots are set at €900,000, which can be an advantageous price point considering the demand for such properties in the Algarve region. The location guarantees easy access to stunning beaches, bustling shops, schools, and recreational facilities, making it attractive both for residents and renters. The potential for high rental yields, particularly in a thriving holiday market, provides an exceptional return on investment for developers. Future apartment owners can benefit from a lifestyle that combines luxury and convenience, with easy travel routes to Faro and beyond. The development potential is massive, and these plots present a fantastic opportunity to capitalize on Lagos's growing popularity. As a buyer-focused investment, you’ll appreciate the existing approval status, which streamlines your path to construction. Don’t wait to seize this opportunity; contact us today to learn more about how you can invest in this fantastic location!
● 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
