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Why is buying land in Lagos a smart investment opportunity?

Plot in Lagos

ref. LW1033
800.000€
  • NA
  • 6.960m2
  • Building Plot

Why is buying land in Lagos a smart investment opportunity? This expansive plot of 6,960m², available for €800,000, is a rare find in a region known for its picturesque landscapes and growing popularity among homebuyers and investors alike. The possibility to construct up to 4,050m², in a vibrant community close to the marina and stunning beaches, highlights the strong investment potential this property holds.

The demand for residential properties in Lagos continues to rise, driven by its exceptional lifestyle offerings and tourist attractiveness. With just 500m separating this plot from the marina and 2km from the beach, investors can expect to see a significant return on their investment as the area evolves and develops further. Additionally, numerous amenities such as restaurants, shops, and cultural attractions are within easy reach, enhancing the appeal to future tenants or homeowners.

This plot offers developers the flexibility to create linked villas or an apartment block tailored to the needs of a lively market. Given that Lagos is already a favourite among buyers looking for second homes or permanent residences, the opportunities for successful rental yields are plentiful. For strategic investors, purchasing land in Lagos represents a key move toward achieving financial gains in real estate. Don't miss out — contact us now to seize this opportunity!

Usage
Residential
Type
Plot
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Usable area
4.050 m²
Plot Area
6.960 m²
Tarmac, Country Road
Building Plots
• 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
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