Investment Opportunity Development Plot in Lagos, Algarve
An exceptional large-scale development opportunity in Lagos, one of the most sought-after locations in the Algarve.
This substantial 30,800 m2 rustic plot comes with approved planning permission for a 24-unit residential development, comprising:
* 22 individual villas
* 2 gated condominium projects featuring 2- and 3-bedroom apartments
The approved construction allows for up to three floors, including basement level, providing flexibility to optimise design, build efficiency, and final sales value.
Individual housing plots range from 279 m2 to 585 m2, with implantation areas between 145 m2 and 210 m2 offering excellent scope to design modern, high-demand properties aligned with current buyer expectations in the Algarve market.
### Strategic Investment Highlights
* Prime central location with strong year-round demand
* Proximity to beaches, golf courses, restaurants, retail and essential services
* Approximately 50 minutes from Faro International Airport
* Fully approved project significantly reducing planning risk and time to market
### Development & Profit Potential
This project presents a compelling opportunity to:
* Acquire a large-scale plot at a single-entry cost
* Develop a mix of villas and apartments targeting both lifestyle buyers and the high-yield holiday rental market
* Phase construction to optimise cash flow
* Capitalise on strong resale margins in a premium Algarve location
With planning approval already secured, this is a turnkey development opportunity designed to maximise return on investment through efficient construction and strong end-market demand.
**Plot Area:** 30,800 m2  331,528 sq ft 
A strategically positioned asset offering excellent potential for high-margin residential development in one of Portugals strongest property markets.