The cost of building apartments on these 7 prime plots of land in Lagos is appealing, starting at €900,000 for the entire land package. Each plot is ideal for constructing 9 to 15 apartments, making it a considerable investment opportunity for developers. The location, just a stone’s throw from Lagos Marina and Meia Praia beach, enhances its value significantly. With the ability to create 1, 2, or 3-bedroom apartments, investors can tailor the units to the demand of the market. Each plot varies in size from 1169 to 1662 m², allowing flexibility in apartment design and configuration. Furthermore, options to include swimming pools and parking add to the attractiveness of the final project. Being situated close to local amenities, schools, and recreational facilities means these properties are highly sought-after. Investors can expect strong rental yields due to the proximity to the beach and city centre. This is certainly a prime spot for anyone looking to enter the property market in Lagos. If you are interested in exploring further or arranging a site visit, don’t hesitate to reach out for more details!
● 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