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What is the cost for plots of land approved for apartment construction in Lagos?

Plot in Lagos

ref. LW2379
6.717.979DKK
  • NA
  • 1.169m2
  • Building Plot

The current asking price for these prime plots of land approved for apartment construction in Lagos is €900,000. Each of these 7 plots allows for the construction of multiple apartment units, with potential for up to 15 apartments per block depending on the design. Investing in these plots not only means capitalising on the favorable market conditions in Lagos, but they are also situated just a short distance from the city centre, Lagos Marina, and Meia Praia beach. These advantageous locations ensure that your future investments will appeal to both residents and potential renters alike. The size of the plots varies from 1169 to 1662m², which provides ample space for the creation of sought-after 1, 2, or 3-bedroom apartments. With easy access to local amenities, sports facilities like the nearby golf course, and stunning views, this investment is set to yield significant returns. Don't miss the chance to make a savvy investment in one of Algarve's most desired locations. Reach out to us now for a breakdown of costs and to secure your development plans!

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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