A construction company can buy multiple approved residential plots at Sitio da Fonte Coberta, Cerca da Forca, in Lagos. The advertised price is €900,000, and six of the seven plots are currently available. The plots are approved for apartment blocks containing 9, 12 or 15 units, depending on the final apartment sizes. One-, two- and three-bedroom apartment designs are permitted within the development concept. Swimming pools and parking spaces can be included as part of the external layout. Individual plots measure approximately 1,169m² to 1,662m². The stated construction areas range from 900m² to 1,200m² per plot. The full collection of lots extends across 12,189m². This provides a construction company with the possibility of assessing a multi-phase or multi-block residential scheme. Panoramic and countryside views give the land a distinctive development setting. Tarmac access supports straightforward site entry for contractors, machinery and future occupants. Mains utilities are available at the property. The location is approximately 2.6 kilometres from Lagos city centre. Meia Praia beach is also around 2.6 kilometres away. Lagos Marina, restaurants, shops and local services are within convenient reach. A nearby school is approximately 2.1 kilometres from the site. Golf enthusiasts can reach Palmares golf course in about 6 kilometres. Faro Airport is situated approximately 87.5 kilometres away. The coastal location may help attract buyers and tenants seeking Algarve apartments near beaches and amenities. The approved capacity can support a broad mix of family homes, holiday apartments or rental units, subject to the final scheme and regulations. Contact us to discuss acquiring multiple plots and to review the available planning and technical documentation.
● 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
