Investing in commercial property in the Algarve is a smart choice, particularly with this fantastic commercial plot available near Lagos. Measuring 3,130m², this plot is ideally situated within a short drive of Lagos and is suitable for businesses such as restaurants, offices, or shops. At a competitive price of €490,000, this investment opportunity allows for the construction of up to 469.5m² of service space, making it perfect for buyers looking to establish a profitable venture in a prime location.
Located on the outskirts of Luz, the plot offers excellent access and is just 4.7km away from the beach, contributing to its great potential for attracting both local and tourist clientele. The close proximity to busy holiday resorts and urban areas enhances its viability for passing trade, which is crucial for commercial success. With a vibrant cosmopolitan atmosphere in Lagos, establishing a business here promises a steady flow of customers.
Nearby amenities, including schools and golf courses, further enhance the appeal, making the location attractive for families and holidaymakers alike. The area also boasts a rich history and stunning natural beauty, ensuring a constant influx of visitors.
Investing in this property not only provides immediate construction flexibility but also represents a valuable asset in an area known for its robust rental potential and solid return on investment. Don’t miss out on this unique opportunity to secure a commercial property in one of Portugal's most desirable regions. Contact us now to schedule a viewing and get one step closer to making this investment a reality!
• 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)
