The Algarve presents a wealth of investment opportunities, particularly with these seven approved building plots in Lagos, available for €900,000. Developers can construct between 9 and 15 apartments on these plots, depending on the layout, catering to the escalating demand for housing in this attractive tourist region. Ideal for those looking to buy plots on the beautiful coastline, these properties are located just a short distance from Meia Praia beach, ensuring high desirability among potential tenants. Each plot is spacious, ranging from 1169 to 1662 square metres, allowing for flexible apartment designs that can incorporate swimming pools and parking. The popularity of Lagos, with its vibrant community and access to shops, restaurants, and schools, enhances the investment allure, promising strong marketability and rental potential. The modern construction possibilities ensure that these apartments meet the needs of both locals and tourists alike. Investors will appreciate the potential for substantial ROI from rental income, given the area's year-round appeal. The proximity to the marina and city attractions adds to the attractiveness for buyers looking for lifestyle enhancements. Tap into the thriving property market in Algarve with these prime plots. Contact us today to explore this unique investment opportunity.
● 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
