Buying one of the six remaining plots in Lagos provides an opportunity to develop apartments with panoramic views in a sought-after Algarve location. The advertised price is €900,000 for the available development opportunity. Each plot is approved for approximately 9, 12 or 15 one-, two- or three-bedroom apartments, depending on the size of the proposed homes. The plots form part of a seven-lot residential scheme, with six lots now available. Their position in Sitio da Fonte Coberta, Cerca da Forca, places future residents close to Lagos Marina and the town centre. Individual plot areas range from 1,169 m² to 1,662 m². Construction areas are approximately 900 m² to 1,200 m² per lot. The combined land area of the complete scheme is 12,189 m². Optional swimming pools could enhance the lifestyle appeal of the completed apartment blocks. Planned parking spaces may provide an important practical benefit for residents and guests. Panoramic and countryside views create a distinctive setting for new homes. Meia Praia beach is approximately 2.6 kilometres away. Lagos city centre is around 2.6 kilometres from the development. Lagos Marina is also approximately 2.6 kilometres away and can be reached on foot in a short walk. Local shops, restaurants, schools and beaches are all within convenient reach. The nearest school is about 2.1 kilometres away. Palmares golf course is approximately 6 kilometres from the plots. Faro Airport is around 87.5 kilometres away, making the location accessible to overseas buyers and visitors. Mains utilities and tarmac access support the fundamentals of the proposed construction project. The combination of approved capacity, coastal proximity and flexible apartment sizes may create opportunities for sales or rental investment, although a professional feasibility review is essential before purchase. Contact us now to explore the six available plots and arrange a viewing in Lagos.
● 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
