A construction company should consider these approved apartment plots near Lagos city centre because each lot is planned for a substantial residential scheme. Six plots remain available, with capacity for 9, 12 or 15 apartments per block depending on apartment size. The proposed mix includes one-, two- and three-bedroom apartments, creating flexibility for different buyer and rental markets. The listed price is €900,000 per plot. Located in Sitio da Fonte Coberta, Cerca da Forca, the land is approximately 2.6 kilometres from Lagos city centre. Lagos Marina is a short walk away, adding strong lifestyle appeal to the location. The nearest beach is approximately 2.6 kilometres from the site. Future blocks can include swimming pools and parking spaces. These amenities may support stronger positioning when marketing the completed apartments. Individual lots offer construction areas of approximately 900 to 1,200 square metres. Plot areas range from 1,169 to 1,662 square metres. The combined size of the seven-lot development is 12,189 square metres. Nearby shops, restaurants and schools provide everyday convenience for future occupants. Palmares golf course is approximately 6 kilometres away. Faro Airport is approximately 87.5 kilometres from the site, supporting access for international purchasers and visitors. Mains utilities are available, and the plots have tarmac access. Panoramic and countryside views may enhance the architectural and marketing potential of the finished scheme. The location could support a mix of sales, long-term rentals or holiday accommodation, subject to market research and applicable regulations. A developer can assess the project on a per-plot basis rather than committing to the entire landholding. Financial returns and ROI will depend on acquisition costs, construction budgets, sales values, rental performance and professional due diligence. Contact us now to discuss the approved documentation, availability and next steps.
● 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
