$1,154,770

Excellent Real Estate Investment Opportunity In The Heart Of The City Of Lagos, Old Houses And Plot

  • 11,087 Sqft
  • 6,018 Sqft lot
  • Updated: July 14

About the Property

We present this very interesting project located in the center of the city of Lagos, in an area of high demand and strong potential for appreciation.

The property consists of land with old houses (identified in the images) and has an approved project for the construction of 5 semi-detached townhouses, all with garage, swimming pool, balconies and large terraces.

The project inclu
We present this very interesting project located in the center of the city of Lagos, in an area of high demand and strong potential for appreciation.

The property consists of land with old houses (identified in the images) and has an approved project for the construction of 5 semi-detached townhouses, all with garage, swimming pool, balconies and large terraces.

The project includes two distinct typologies:

2 Townhouses with 4 bedrooms, spread over 4 floors + penthouse

3 Townhouses with 2 bedroom, spread over 3 floors + penthouse

All houses have spacious terraces with swimming pool, well-oriented balconies, private garage

With generous areas and excellent use of space, it is ideal for permanent housing or rental investment.

Construction Areas
4 Bedroom Townhouses:
Fraction A
Floor 0 - 76m2
Floor 1 - 65m2
Floor 2 - 57m2
Floor 3 - 48m2
Rooftop - 43m2

Fraction B
Floor 0 - 82m2
Floor 1 - 73m2
Floor 2 - 73m2
Floor 3 - 58m2
Rooftop - 63m2

2 Bedroom Townhouses:
Fraction C
Floor 0 - 58m2
Floor 1 - 60m2
Floor 2 - 54m2
Rooftop - 52m2

Fraction D
Floor 0 - 56m2
Floor 1 - 58m2
Floor 2 - 54m2
Rooftop - 50m2

Fraction E
Floor 0 - 56m2
Floor 1 - 56m2
Floor 2 - 50m2
Rooftop - 48m2

Total project construction area: 1030m²

This is a turnkey project, ideal for developers or investors looking to develop a high-quality residential development in one of the most sought-after cities in the Algarve.

Contact us for more information.
  • Property type

    Land

  • Year built

    1951

  • Price/sqft

    $104

  • Consumption

    E

Explore the Area

Centro, Lagos, 8600-755, Portugal View on Google Maps
Price per sqft
Low
High

View 1,182 more listings in São Sebastião, Lagos

Joined 12 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Nidia Mateus
Portugal
View agent profile
23
Listings
2026
Joined

Book home tour with Nidia Mateus

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Lagos Algarve Real Estate
Lagos Algarve Real Estate
Rua dos Celeiros, Edificio A Adega, Loja 5, Bloco 3, Loja 5, 8600-664, Lagos, Portugal
View agency profile
[hidden information] generated for Lagos Algarve Real Estate
Last updated
July 14
First listed
Feb 5
Listing reference
PL033
Call

Start phone call with:

Hello, I’m calling for the property with the reference PL033, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.