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What is the investment potential of building apartments with swimming pools in Lagos?

Plot in Lagos

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

Building apartments with swimming pools on the available 7 plots in Lagos offers tremendous investment potential. Priced at €900,000, these approved plots allow for the construction of 9 to 15 apartments, ranging from 1 to 3 bedroom units, ideally situated within 2.6 km of both the stunning Meia Praia beach and the vibrant Lagos city centre. The inclusion of swimming pools within the developments could substantially enhance their desirability, catering to both local buyers and renters.

With each plot offering between 1169 m² to 1662 m² of prime land, developers can create spacious, attractive properties that meet the growing demand for luxury living in coastal urban areas. The enriched lifestyle appeal, alongside additional amenities such as parking spaces, positions these plots as ideal for building lucrative, high-quality residential apartments.

The location is a significant advantage, as Lagos is a well-frequented area for both tourists and locals, ensuring robust rental income and property value appreciation over time. Furthermore, the community is supported by essential services and recreational facilities, making it attractive for families, retirees, and investors. Don't miss out on this golden opportunity; contact us now to discuss how you can kickstart your investment journey!

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
Enquire Now   +