The investment potential for residential land near Meia Praia beach is exceptionally high, with our available plots priced at €900,000. Situated just 2.6km from both the stunning beach and the bustling Lagos city centre, these seven plots present a lucrative opportunity for developers aiming to construct 1 to 3-bedroom apartments, all with the possibility of including swimming pools and parking. The high demand for residential properties in this beautiful part of the Algarve is driven by both local buyers and international investors looking for holiday homes. The nearby amenities, such as schools, shops, and restaurants, enhance the appeal of this location, making it perfect for permanent living or lucrative rentals. Additionally, the area's consistent growth and popularity ensure the potential for excellent returns on investment. These plots, approved for the construction of up to 15 apartments, offer a variety of solutions for buyers looking to tap into the lucrative rental market or create stylish residential spaces. Embrace this chance to invest in the vibrant property market of Lagos. Inquire today to get more details about this superb opportunity!
● 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
