The approved building plots near Meia Praia beach are competitively priced at €900,000, making them an attractive investment opportunity for developers. Located just a short walk from the beautiful marina and beach, these seven plots offer stunning views and a prime location for constructing modern apartments. Each plot allows for the building of 9 to 15 apartments, depending on the size of the units, which is ideal for investors looking to maximise their returns in the Algarve's booming property market. With a plot area ranging from 1169 to 1662 square metres, the potential for various configurations including one, two, or three-bedroom apartments exists. The option for swimming pools and parking spaces adds further appeal to prospective buyers. This location is perfect for creating desirable living spaces close to local amenities such as shops, schools, and restaurants, enhancing the lifestyle for future residents. The total construction area for the plots ranges from 900 to 1200 square metres, yielding lucrative rental possibilities given the area's popularity with tourists and locals alike. The proximity to essential services and recreational areas, including golf courses and city centre attractions, makes these plots especially appealing. Investing in these plots not only promises significant ROI but also supports sustainable and vibrant community living. Don't miss this chance to capitalise on prime real estate in Lagos. Contact us now for more information and to schedule a viewing.
● 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
