A commercial development plot near Lagos in the Algarve is currently offered at €490,000. The price relates to the 3,130m² plot only and does not include construction of the future building. Positioned near Luz and Lagos, it provides an opportunity to establish a commercial business in a well-connected part of the western Algarve. The site has an indicated construction project size of up to 469.5m² for a single-storey development. Possible commercial uses include a restaurant, office, shop or warehouse. This range of options allows buyers to assess the land against their own trading strategy. Its proximity to urbanisations and holiday resorts may support regular demand from residents, workers and tourists. Easy access to Lagos adds practical value for customers, suppliers and staff. The nearest town, Luz, is approximately 1.6 kilometres away. Lagos town is approximately 5.4 kilometres from the plot. The beach and sea are both around 4.7 kilometres away. Golf facilities can be reached at an estimated distance of 4.3 kilometres. A nearby school is approximately 4.6 kilometres away. Access is provided via tarmac and country road. The surrounding countryside setting may also offer an attractive backdrop for a carefully designed commercial project. A restaurant or shop could serve the neighbouring resorts and residential communities. An office or warehouse could provide a base for a local service business. Investors may consider future rental income or resale value once a suitable development is completed. Any return will depend on planning consent, construction expenditure, operating performance and prevailing market conditions. The advertised price should therefore be assessed alongside professional development and financial advice. Contact us today to discuss the purchase and arrange a site visit.
• 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)
