The cost of a large plot of land near the beach in Lagos is currently set at €800,000 for a substantial 6,960m² parcel of development land. This prime location is merely 2km from the beach and offers the unique advantage of being close to the marina and bustling town centre, perfect for those wishing to enjoy coastal living. The size allows for a considerable construction potential of up to 4,050m², making this property an attractive option for investors focused on residential projects. Given the rapidly increasing demand for properties in this area of the Algarve, this investment is poised for high returns. Imagine building luxury villas or multi-family units within reach of stunning beaches and vibrant local culture! The scenic and historic town of Lagos provides endless lifestyle benefits, including fantastic restaurants, recreational activities, and cultural experiences, which add to the allure of this property. Furthermore, with access to essential amenities and schools just a short distance away, this location is ideal for families. If you're considering investment in the Algarve's flourishing real estate market, don’t hesitate to reach out and schedule your viewing today; seize this opportunity to invest in a property that promises both enjoyment and profit.
• Amazing development investment opportunity
• Plot Size 6960m²
• Possibility to construct up to 4050m²
• The price includes the plot only, not the construction costs
• Located close to Lagos
• Distance to the beach: 2km
An excellent investment opportunity to purchase a large plot of developmental land in Lagos, close to the award winning marina, historic town centre and stunning selection of beaches.
Of the 6,960m2 plot, there is the possibility for maximum construction area up to 4,050m2 comprising of up to 3 floors. The possibilities of what could be built are open, but could include a development of linked villas or potentially an apartment block for example.
The historic town of Lagos boasts incredible beaches, fantastic restaurants, bars, cafes, plenty of culture and the attractive marina. As a location it is one of the most sought-after areas in the Algarve and property demand and prices are steadily rising. This project offers excellent potential for great return on investment.
Location
• Distance to the beach: 2km
• Distance to the marina 500m
• Distance from nearest golf: 3.5km (Palmares)
• Distance to nearest school: 500m
• Distance to town: 0
