To buy a commercial development plot close to Algarve resorts and beaches, consider this 3,130m² site near Luz and Lagos priced at €490,000. It offers potential for a single-storey commercial building of up to 469.5m², subject to confirmation of the applicable planning conditions. The land could suit a restaurant, office, shop, warehouse or other approved commercial service. The plot is positioned near a large holiday resort, upmarket urbanisations and another resort a few kilometres away. This location may appeal to buyers seeking a business site with access to tourist and residential demand. The beach and sea are approximately 4.7km away. Luz is about 1.6km from the property, while Lagos is approximately 5.4km away. Easy access and a position close to passing traffic add practical value for a commercial project. Tarmac and country-road access are noted for the land. A countryside view offers a more open setting than a dense town-centre location. A golf course is approximately 4.3km away. The nearest school is around 4.6km distant. Faro Airport is approximately 90.7km from the plot. Buyers could explore a range of concepts, from a destination restaurant to a local service centre or trade-related warehouse. The purchase price relates to the land only and does not cover construction or fit-out. Future income and investment returns will depend on planning approval, the chosen business model, development costs and demand. Professional due diligence is recommended before committing to the purchase. The property's proximity to resorts and beaches may help support visibility throughout the year. Contact us to discuss how to buy this commercial land and arrange a viewing.
• Plot Size: 3,130m²
• Project size 469,5m² (If single storey)
• Plot Suitable for Commercial Services eg Restaurant/Office/Shop/Warehouse
• The price includes the plot only, not the construction of the building
• Close to Urbanisation
• Easy Access
• Distance to Beach 4.7km
This plot sits in a great location on the outskirts of Luz and Lagos, with upmarket urbanisation and large busy holiday resort bordering the land with another resort a few km away.
The new buyer can decide to build any commercial/services property of up to 469m². It has good access and sits in a prime position for passing trade. This would make a great investment.
Amenities
• Easy access to Lagos
• Close to Tourist/Family Resort and urbanisations
Location
• Distance to Sea – 4.7km
• Distance to Beach – 4.7km
• Distance to Nearest Golf – 4.3km
• Distance from Airport – 90.7km
• Distance to Nearest School – 4.6km
• Distance to Nearest Town – 1.6km (Luz ) ( Lagos 5.4km)
