The listed commercial plot in the Algarve, located just 4.7 km from the beach, is available for £490,000. This prime property, spanning 3,130 m², offers potential buyers a unique opportunity to invest in a location ideal for various commercial services, including restaurants, offices, and shops. With its project size allowance of 469.5 m² for single-storey constructions, it provides flexibility for developers looking to establish a presence in a rapidly growing area. The plot is close to upmarket urbanisations and busy holiday resorts, promising a consistent flow of business and a thriving environment for any venture. Remaining easily accessible from both Lagos and Luz, the site is particularly attractive to those seeking commercial opportunities in this favourite tourist destination. With a distance of only 1.6 km to the nearest town and family resort, potential buyers can expect high foot traffic and ample local support for their businesses. This is not just a plot; it's an investment in a lucrative future. Interested parties should take note of the favorable location, which enhances its overall value and return on investment potential. Don’t miss out on this chance to own a piece of prime commercial land in the Algarve. Contact us today to find out more about this exciting opportunity!
• 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)