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Why are these plots of land ideal for developers in Lagos?

Plot in Lagos

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

These plots of land in Lagos are tailored for developers, thanks to their strategic location and lucrative investment potential. Priced at €900,000, these seven approved building sites allow for the construction of 9 to 15 apartments, significantly boosting the potential for profitable returns. Each plot, featuring a size range from 1169 to 1662 square metres, offers ample space for diverse apartment configurations including essential amenities like swimming pools and parking. Situated just 2.6 km from Meia Praia beach and the local city centre, the plots are in proximity to vibrant shops, schools, and recreational facilities, making them perfect for meeting the demand for modern living spaces. Developers will find that the combination of scenic views and prime location enhances the desirability of the apartments, attracting both permanent residents and holidaymakers. The area experiences high rental demand, especially during peak tourist seasons, providing a strong return on investment. With ongoing growth in the Algarve's real estate market, investing in these plots positions you strategically. Don’t miss out on this exceptional opportunity for impactful development. Act now and contact us to discuss further details and schedule a viewing.

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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