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Why should I invest in residential land close to Lagos Marina?

Plot in Lagos

ref. LW2379
10.499.333NOK
  • NA
  • 1.169m2
  • Building Plot

Investing in residential land close to Lagos Marina is a strategic decision for savvy buyers, with these plots available for €900,000. This area’s vibrant lifestyle is perfect for those looking to develop 1, 2, or 3-bedroom apartments, making it a highly sought-after location for potential renters and homeowners. The proximity to the marina adds to the allure, with water sports, dining, and leisure activities just a stone's throw away. With each plot permitted for the construction of 9 to 15 apartments, the development opportunities are vast. Furthermore, the plots are conveniently located 2.6km from the beach and city centre, enhancing their desirability significantly. In addition to residential use, these parcels are perfect for vacation rentals, capitalising on the area's tourism rates. The potential return on investment is substantial due to Lagos’s popularity. Take advantage of this unique opportunity today and make a sound investment in one of the Algarve's prime locations. Contact us now to get more information!

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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