This commercial plot for construction in the Algarve is priced at €490,000, offering substantial value for investors. Spanning an impressive 3,130m², the plot is ideally located close to Lagos, making it a prime choice for those looking to establish a business. Suitable for various uses—including a restaurant or office—the site can accommodate a building of up to 469.5m², providing ample space for your project. Located just 4.7 km from the beach and within easy reach of vibrant urbanisation, this plot promises great visibility and passing trade. The surrounding area benefits from a bustling holiday resort, presenting excellent opportunities for attracting customers. This location is perfect for buyers looking to invest in the thriving Algarve region, with its beautiful landscapes and tourist appeal. The estimated distance to the nearest town is a convenient 1.6 km, offering easy access to necessary resources and amenities. With great potential for ROI, this plot is perfect for entrepreneurs eager to make their mark on the local market. Don't miss out on this incredible chance to secure a valuable investment. Contact us today to learn more!
• 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)