This 3,130m² commercial development plot near Lagos is offered for €490,000. Buyers should note that the price covers the land only, while construction and fit-out costs are separate. With potential construction of up to 469.5m² on a single storey, it provides a substantial base for a commercial project. The land is classified for commercial use and can support services such as a restaurant, office, shop or warehouse. Its scale allows an investor to plan a building, access arrangements and surrounding operational space. The site is positioned close to Luz, with Lagos approximately 5.4km away. Praia da Luz is only around 1.6km from the plot. Easy access improves the practicality of serving customers, suppliers and employees. The location also benefits from passing trade generated by nearby urbanisations and holiday resorts. A large, busy family resort borders the land, while another resort lies a few kilometres away. This surrounding activity can support demand for food, retail, business and service uses. The nearest beach is approximately 4.7km away, linking the opportunity to the Algarve’s established tourism economy. Golf facilities are around 4.3km from the site. A nearby school, roughly 4.6km away, contributes to the wider local catchment. Tarmac and country-road access provide useful connections for commercial traffic. The countryside view may also enhance the setting of a carefully designed business premises. Buyers can develop the plot for their own operation or consider future commercial rental potential. Rental income and return on investment will depend on the final building, use, demand and operating performance. Anyone budgeting for land and construction should obtain independent planning, legal and financial advice. Contact us to review the plans, pricing and next steps for this commercial land investment.
• 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)
