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

Plot in Lagos

ref. LW2379
900.000€
  • NA
  • 1.169m2
  • Building Plot

The cost of building 1-3 bedroom apartments near Meia Praia beach can be supported by our impressive plots available in Lagos. These 7 plots, priced at €900,000, are approved for constructing 9 to 15 apartments per block, depending on the size, catering perfectly to your investment goals. Located only 2.6km from the nearest beach and Lagos city centre, these plots represent a fantastic opportunity for serious developers looking to tap into a prime location. Each plot ranges from 1169 to 1662 m², with total construction areas from 900 to 1200 m², providing ample space for modern living. Apart from the residential units, there’s also an opportunity to include swimming pools and parking spaces, enhancing the appeal for potential buyers. Being located close to shops, schools, and restaurants adds immense value to this investment. The potential for rental income in this desirable area is substantial, making it perfect for developers aiming for high returns on investment. With a vibrant community and proximity to beautiful beaches, these plots stand out for their great views and strategic location. Do not miss out on this opportunity; contact us today to discuss how you can make these plots your next investment!

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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