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Development land for sale in Lagos, West Algarve

915,000 $
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Land area: 6,960 m²
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Features
  • Golf course

• Amazing development investment opportunity

• Plot Size 6960m²

• Possibility to construct upto 4050m²

• Located close to Lagos

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 6,960 m² plot, there is the possibility for maximum construction area up to 4,050 m² 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.

Features

Amenities

Energy Certificate:

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

Statistics in Lagos

Price per m², $
2,143
Real estate Price, $
Apartment in the city centre, m² 2,143.41
Apartment in a bedroom community, m² 1,626.47
Transport Price, $
Public transport, 1 ride 1.6
Monthly travel card 25.72
Taxi, 1 km 0.57
Petrol, 1 l 1.7
Food Price, $
Water, 1.5 l 0.56
Milk, 1 l 0.75
White bread, 500 g 1.09
Eggs, a dozen 1.63
Chicken fillet, 1 kg 6.48
Education Price, $
Kindergarten, per month 457.26
International school, per year 10,245.48

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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Kseniya Kolesnikova
Kseniya Kolesnikova
Real Estate Expert Tranio in Lagos
+44 17 4822 0039
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