Investing in commercial real estate in the Algarve is a smart move, especially with this available plot just outside Lagos. Priced at €490,000, this parcel of land spans 3,130m² and is primed for development, allowing you to create a variety of commercial services, from a restaurant to an office space. The strategic location, only 4.7 km from the beach, places your investment within a thriving tourist area, ensuring a high volume of potential customers.
The proximity to popular urbanisations and busy holiday resorts amplifies your investment's visibility and accessibility. With the capacity to build up to 469.5m², you can tailor your project to meet market demand while maximizing potential foot traffic. This plot not only offers substantial commercial viability but also the benefits of the larger Algarve region, known for its appeal to investors and entrepreneurs alike.
Understanding the local real estate market will further enable you to capitalise on growth opportunities in this area. The lifestyle benefits of living in the Algarve, combined with a strong rental market, make this an exceptionally lucrative investment. Don't miss this chance; explore this property today before it’s gone!
• 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)
