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Which investment opportunities are available for developers in Lagos?

Plot in Lagos

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

For developers, Lagos presents a wealth of investment opportunities, particularly with these 7 plots of land specially approved for the construction of residential apartments. Each plot allows for the building of 9 to 15 apartments, offering flexibility in design and accommodating 1, 2, or 3-bedroom layouts. The pricing for these attractive plots is listed at €900,000, reflecting their prime location just 2.6 km from Meia Praia beach and Lagos city centre. The nearby amenities, including schools, shops, and restaurants, will enhance the appeal of these properties. This development opportunity is not just about land; it’s about entering a hot market with a growing demand for quality housing options. With a total area of 12,189 square meters across all 7 plots, developers have the chance to create a significant residential project that could lead to high rental yields. The potential for adding swimming pools and parking spaces on each plot adds further appeal. With such prime real estate in an attractive tourist area, the investment prospects are substantial. Don't let this opportunity pass you by—get in touch with us to discuss how you can take advantage of the thriving market in Lagos!

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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