The cost of building residential apartments near Meia Praia Beach is an appealing investment opportunity, given the prime location in Lagos. Our available plots, starting at €900,000, are approved for constructing 1-, 2-, or 3-bedroom apartments, with each plot enabling the creation of 9 to 15 units. You can enjoy a total plot area varying from 1169 to 1662m² while being mere minutes away from the beach, ensuring high attractiveness for both residents and renters. The area is complete with necessary amenities like shopping centres, schools, and cafes, elevating the lifestyle appeal of any future developments. Moreover, properties in such sought-after locations promise excellent ROI and potential rental income, appealing to both investors and developers. With construction areas between 900 and 1200m² per plot, there’s room to create entities tailored to market demand. The panoramic views and close-knit community further enhance the desirability of these properties. This is a perfect chance for developers or businesses looking to engage in the Algarve's bustling real estate market. Act quickly, as these types of plots are in limited supply. Reach out for more details and to arrange a viewing now!
● 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
