General Information
23'800 m2 of land on the coastline, 2 km from the center of Lagos and part of the municipality of Lagos. This land has an approved urban development status (i.e. not subject to the Protal building restriction laws) and specifically zoned as follows:
35% of the area:8'330 m2 @ max 100 persons per hectare
50% of the area:11'900 m2 @ max 50 persons per hectare
15% of the area:3'750 m2 green belt
Water: City water on site. Possibility of borholes on the land that expect to supply up to 4-5'000 liters/hour of sweet water
Sewage: A new sewage plant has been built in the area by the local goverment
Electricity: On site
Projected construction investment Port. Escudos 613'760'000
Projected Cash Capital requirement: Port. Escudos 303'700'000
(1995 estimate)
Projected return on Investment: 24.5 %
Sale of the Property
The property is for sale as is, architectural project included. Asking price is SFr. 2'230'000.-
The owners of the property are open for considering a partnership in the developement of an urbanization project. In case of interest, please contact us via e-mail or directly at:

Portolagos Lda - Montenovo - 8670 Maria Vinagre - Aljezur - Portugal - Fax (00351)82-995198