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How much does a commercial plot for construction near the Algarve coast cost?

Plot in Lagos

ref. LW2034
490.000€
  • NA
  • 3.130m2
  • Building Plot

This commercial plot for construction near the Algarve coast is priced at €490,000, a competitive rate for such a strategic location. Spanning 3,130m², this plot is perfect for various commercial ventures, including restaurants and offices. The project allows for the construction of a structure up to 469.5m², offering flexibility for potential buyers to design according to their business needs. Being just 4.7 km from the beach and key tourist destinations, this plot is situated in an area with high visibility and customer traffic, enhancing its investment potential. The land's prime location facilitates easy access to nearby towns and leisure activities, ensuring strong engagement with locals and tourists alike. Given its proximity to both urban amenities and natural attractions, this plot is an enticing opportunity for serious buyers. Investing here means tapping into the vibrant economy of the Algarve, known for its favourable conditions for businesses. Don't let this chance slip away; contact us to learn more about this exceptional investment opportunity!

Usage
Commercial
Type
Plot
Town
Lagos
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Usable area
469 m²
Plot Area
3.130 m²
Tarmac, Country Road
Countryside View
Building Plots
• 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)
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