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Where to find investment plots for constructing apartments in the Algarve?

Plot in Lagos

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

You can find lucrative investment plots for constructing apartments in the stunning Algarve region at our prime location in Lagos. We offer 7 approved plots for sale, with each plot allowing the construction of 9 to 15 apartments based on size. Ranging from 1169 to 1662m², these plots are developed for 1-, 2-, or 3-bedroom flats, complete with options for swimming pools and parking spaces. Positioned just 2.6km from both Lagos city centre and Meia Praia Beach, this site is ideal for buyers looking to tap into the vibrant tourist market in this popular destination. The close proximity to amenities such as shops, schools, and restaurants makes these plots particularly appealing to families and holidaymakers alike. The expected demand for new apartments in this sought-after area ensures a high rental potential, promising a significant return on investment. With construction areas varying from 900 to 1200m², builders can design spacious living environments that cater to modern tastes. Don't miss this rare opportunity to invest in one of Europe’s most desirable locations. To discuss further or arrange a site visit, contact us today!

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
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