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Why are these plots of land in Lagos ideal for construction companies?

Plot in Lagos

ref. LW2379
160.768.445¥
  • NA
  • 1.169m2
  • Building Plot

The plots of land in Lagos are an ideal investment for construction companies due to their excellent location and approval for building residential units. Priced at €900,000, these seven plots allow for constructing 9 to 15 apartments within each block, catering to the high demand for housing in this region. Located just 2.6 km away from renowned Meia Praia beach and close to Lagos Marina, the land is perfectly positioned for attracting buyers and renters. Each plot varies from 1,169 to 1,662 m², providing ample space for high-quality residential developments. The surrounding area is rich in amenities, such as schools, shops, and restaurants, making it an attractive location for families and expatriates alike. Additionally, with increasing investment in the Algarve, this area is expected to see steady capital appreciation. Companies looking to expand their portfolio will find these plots an excellent option due to the strong rental potential and the lifestyle benefits of the region. To find out more about these plots, get in touch with 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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