Buying this approved apartment development land within 2.6km of Lagos city centre could suit a developer seeking a ready-planned residential opportunity. The seven-plot project is listed at €900,000 and six plots remain available. Each plot is approved for a block containing 9, 12 or 15 apartments, depending on the size mix. The permitted homes can comprise one, two or three bedrooms. This gives a buyer scope to target permanent residents, holiday guests or resale purchasers. Swimming pools can be included in the development concept. Dedicated parking spaces can also be planned for the apartment blocks. Individual plots measure approximately 1,169m² to 1,662m². The total construction area per lot ranges from about 900m² to 1,200m². Across the full scheme, the land area totals approximately 12,189m². Panoramic and countryside views enhance the setting. The site is positioned in Lagos, within the Algarve’s West region. The nearest beach is approximately 2.6km away. Lagos Marina is also close enough to support a waterfront-oriented lifestyle. Shops, restaurants and other everyday amenities are accessible from the location. A school is approximately 2.1km away. Golf enthusiasts can reach Palmares golf course in around 6km. Faro Airport is approximately 87.5km from the land. Mains utilities and tarmac access provide important infrastructure for development planning. Future rental income and resale performance may benefit from the combination of coastal attractions and city access, but ROI must be confirmed through independent market and construction assessments. Contact us now for the planning documents, availability details and next steps towards buying 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
