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What is the price of plots available for constructing residential blocks in Lagos?

Plot in Lagos

ref. LW2379
829.458CHF
  • NA
  • 1.169m2
  • Building Plot

Currently, the asking price for these 7 plots in Lagos stands at €900,000, presenting a fantastic opportunity for those looking to construct residential blocks. Each plot is ready for building between 9 to 15 apartments, depending on the size, and can include inviting features such as swimming pools and designated parking spaces for residents.

Situated just 2.6km from Meia Praia beach and Lagos city centre, the advantageous location of these plots enhances their appeal, offering future residents a lively lifestyle complemented by stunning seaside views. The plot sizes range from 1169m² to 1662m², which allows for diverse building possibilities tailored to varying demands in the market.

Prospective buyers can take advantage of the high demand for rental properties in this region, particularly in such a prime location surrounded by essential amenities and leisure options. This investment not only promises potential ROI but also aligns perfectly with buyers looking to establish a significant presence in the Algarve property market.

If you’re considering investing or developing residential properties in this high-demand area, please reach out today for more details!

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   +