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What is the cost of building 1-3 bedroom apartments near Meia Praia?

Plot in Lagos

ref. LW2379
822.941CHF
  • NA
  • 1.169m2
  • Building Plot

The cost of building 1-3 bedroom apartments near Meia Praia can vary based on several factors, but the approved plots in Lagos allow construction of 9-15 apartments per block. Priced at €900,000, these 7 plots offer a fantastic investment opportunity for developers. Located just a short walk from both the stunning beaches and bustling Lagos Marina, the strategic position will attract future buyers and renters alike. Each plot ranges from 1169 to 1662m², providing ample space for your construction projects. Ideal for companies looking to capitalize on the growing demand for residential spaces in the Algarve, the potential for high returns on investment is significant. Furthermore, the option to include swimming pools and parking spaces enhances the market appeal of the apartments. Proximity to amenities such as shops, schools, and restaurants ensures that these homes will be highly sought after. Construction in this prime location not only promises a lucrative financial return but also supports a desirable lifestyle for residents. Take advantage of this incredible opportunity in Lagos by exploring these plots further. Contact us to discover more about how you can kickstart your building project today!

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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