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Why is investing in Lagos plots for apartment development a good opportunity?

Plot in Lagos

ref. LW2379
823.033CHF
  • NA
  • 1.169m2
  • Building Plot

Investing in Lagos plots for apartment development presents a lucrative opportunity for individuals and companies. With 7 plots available, approved for constructing between 9 to 15 apartments each, this venture promises impressive returns. Each plot's size ranges from 1169 m² to 1662 m², ideal for developing modern 1, 2, or 3-bedroom apartments, including options for swimming pools. The prime location is just 2.6 km from local beaches and the city centre, attracting both residents and tourists alike. Proximity to amenities like schools, shops, and restaurants enhances the appeal for potential buyers or renters, ensuring high occupancy rates. Additionally, the potential for stunning sea views increases the desirability of the apartments, making them a hot commodity in the real estate market. Investing in properties here aligns well with Algarve’s rising popularity and a growing demand for rental properties. For serious developers, this is an unparalleled chance to secure a strategic property investment. Contact us to discuss this opportunity and schedule a viewing of the plots!

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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