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Which locations in Lagos are best for developing residential apartments?

Plot in Lagos

ref. LW2379
843.133CHF
  • NA
  • 1.169m2
  • Building Plot

The best locations in Lagos for developing residential apartments include the plots we currently have available, located mere minutes from both the city centre and the stunning Meia Praia beach. Priced at €900,000, these 7 plots present a unique opportunity for investors to build between 9 to 15 apartments, catering to a growing market of renters and homebuyers alike. Their location not only offers panoramic views but also easy access to essential amenities such as shops, schools, and recreational facilities. This strategic position makes it ideal for developers aiming to construct 1, 2, or 3-bedroom apartments, potentially featuring swimming pools and parking facilities. The demand for quality housing in Lagos is on the rise, and with upcoming developments, there’s an expected boom in rental yield potential in this area. Therefore, investing here would be a timely decision for those looking to tap into the lucrative property market. Don’t miss your chance to discuss this fantastic development opportunity—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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