Developers may wish to buy these approved apartment construction plots because they combine defined residential capacity with a well-connected Lagos location. The advertised €900,000 opportunity includes six available plots from an original seven-plot scheme. Each block is approved for 9, 12 or 15 apartments, depending on the size and configuration of the units. One-, two- and three-bedroom layouts can be considered for the proposed homes. The development can also provide swimming pools and parking spaces, both important features for many Algarve buyers and tenants. Individual plot areas range from approximately 1,169 m² to 1,662 m². Total construction areas are approximately 900 m² to 1,200 m² per lot. The entire group of lots covers approximately 12,189 m². Panoramic and countryside views may add a valuable visual advantage to the completed apartments. Lagos city centre is approximately 2.6 km from the site. The nearest beach is also around 2.6 km away, while Meia Praia provides a particularly attractive coastal destination. Lagos Marina is a short walk from the plots and brings waterfront dining, leisure and boating facilities close to the scheme. Nearby shops, restaurants and schools can help support demand beyond the main holiday season. Families may appreciate the nearest school being approximately 2.1 km away. Palmares golf course is around 6 km from the development. Faro Airport is approximately 87.5 km away, supporting access for international purchasers and holiday visitors. Mains utilities are available and the plots have tarmac access. The approvals and documented development parameters give construction companies a useful starting point for detailed design, costing and market testing. Possible investment routes include apartment sales, long-term letting or compliant tourist accommodation, although returns and licensing should be independently evaluated. A strong coastal location may support resale and rental interest, but developers must complete legal, technical and financial due diligence before committing. Contact us to discuss the approved plots, obtain the available documentation and book a site visit.
● 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
