Lagos in the Algarve is a hotspot for residential development, with several areas showing fantastic potential, particularly on the outskirts where this large plot of land is available for sale. The 6,960m² site, priced at €800,000, offers an allowance of up to 4,050m² for construction, making it an excellent choice for developers looking to create attractive housing options. Just 2km from the beach and 500m from the marina, this location marries convenience with lifestyle. The vibrant local culture, excellent amenities, and proximity to reputable schools further enhance the appeal. Potential developments could range from luxurious villas to multi-family apartments, catering to the growing demand for housing in this historic town. The ongoing uptick in property values underlines the strategic advantage of investing in this area, promising significant returns. Come and explore the wonderful opportunities that Lagos presents for residential growth. For more information and to schedule a site visit, don’t hesitate to contact us!
• 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
