Excellent real estate investment opportunity in the heart of the city of Lagos, old houses and plot with approved project for the construction of 5 modern townhouses
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 Features
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Pool
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Proximity: Airport, Beach, Golf course, Restaurants, City, Hospital, Pharmacy, Public Transport, Schools, Public Swimming Pools
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Garden
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Terrace
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Garage
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Built year: 1951
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Floors: 4
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Storage / utility room
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Views: Sea views, City view, Urbanization view
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Walking distance to beach
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Quiet Location
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Central location
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Energetic certification: Exempt
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Balcony
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