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Which areas in Lagos are ideal for developing residential properties?

Plot in Lagos

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

When looking for ideal areas to develop residential properties in Lagos, these plots stand out as prime options. Located near both Meia Praia beach and Lagos Marina, they are perfect for constructing high-demand apartments, with designs suitable for 1, 2, or 3 bedrooms. The plots allow for the construction of up to 15 apartments, depending on layout variations, and come with the advantage of scenic views. An investment in these plots not only offers easy access to beautiful coastal surroundings but also proximity to essential amenities such as schools, shops, and restaurants just around the corner. The residential market in Lagos has shown strong growth, making these plots a strategic choice for developers looking to maximise returns. By choosing this location, you're appealing to both locals and tourists seeking the vibrant Algarve lifestyle. The overall area is rapidly developing, providing lucrative opportunities for future growth and marketing. If you are interested in exploring this fantastic investment, be sure to contact us for further information and a site visit!

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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