Approved development land for apartments is available for sale in Lagos, Algarve, with six of the original seven plots remaining. Each plot is authorised for the construction of 9, 12 or 15 apartments, depending on the final apartment sizes. The listed price is €900,000, and the opportunity is aimed particularly at developers and construction companies. Plot areas range from approximately 1,169 m² to 1,662 m². Total construction areas for each lot range from around 900 m² to 1,200 m². The combined area of all seven lots is approximately 12,189 m². Proposed apartments may contain one, two or three bedrooms. Development plans can also include swimming pools and private parking spaces. The land is situated at Sitio da Fonte Coberta, Cerca da Forca, in São Gonçalo de Lagos. Its position places Lagos city centre approximately 2.6 km away. The nearest beach is also around 2.6 km from the plots. Lagos Marina, Meia Praia beach and the town centre are all conveniently accessible. Shops, schools, restaurants and beaches nearby should support strong appeal among future residents and tenants. Mains utilities are available for the development. Tarmac access provides practical connectivity to the site. Panoramic and countryside views add a valuable quality to the future apartment scheme. Palmares golf course is approximately 6 km away for residents and holidaymakers who enjoy golf. The nearest school is about 2.1 km away, while Faro Airport is approximately 87.5 km distant. The location combines coastal lifestyle appeal with access to everyday services and transport links. Apartment sales or rentals could offer several routes to a return on development expenditure, subject to costs, demand and final approvals. Contact us now to discuss the available plots and arrange further information or a site visit.
● 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
