This commercial building plot near Lagos and Praia da Luz is listed at €490,000. For that price, buyers acquire a 3,130m² plot with potential for a single-storey project of up to 469.5m². Construction costs are not included, so purchasers should budget separately for design, permissions, building works and professional fees. The land is located in the Luz parish on the outskirts of Lagos. It is close to urbanisations, a large holiday resort and other tourism-related developments. Easy access helps make the site suitable for a customer-facing business. A tarmac and country-road access arrangement is recorded for the plot. Possible uses include a restaurant, office, shop, warehouse or other commercial service, subject to planning consent. The beach and sea are approximately 4.7km away. Praia da Luz is about 1.6km from the property. Lagos town is roughly 5.4km away. The nearest golf course is around 4.3km distant. A school is approximately 4.6km away, supporting the area’s established community. The Algarve coastal location can appeal to businesses serving both permanent residents and seasonal visitors. Nearby resorts may provide a useful customer base for hospitality, retail or service operators. The plot’s scale could allow space for parking, landscaping or operational areas, depending on the approved design. Buyers may therefore have greater control over the layout than they would with an existing commercial building. Investors should assess projected construction costs, commercial demand and expected returns before proceeding. Rental income or capital growth is possible but cannot be guaranteed and will depend on the completed development and market conditions. Contact us to confirm the current details, discuss the development opportunity and arrange a site inspection.
• 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)
