Investing in commercial plots in the Algarve area, particularly near Lagos, presents numerous opportunities for growth and profit. This specific plot, available for €490,000, spans 3,130m² and allows for a building project up to 469.5m², suitable for a variety of commercial purposes such as restaurants or shops.
Given its location just 4.7km from the beach and in close proximity to thriving urbanisations and holiday resorts, the potential for business success is substantial. The steady influx of tourists and local residents equates to a consistent flow of customers.
With the Algarve's reputation for being a prime tourist destination, establishing a business here can lead to high returns on investment, especially in sectors such as hospitality and retail. This plot lies in a prime position, ideal for capturing the attention of passing trade, making it ideal for innovative business ideas.
Additionally, the ease of access and proximity to key amenities enhances its attractiveness for any business model. The region continues to see an increase in population and demand for services, making it a viable option for future expansions.
Now is the time to invest in this commercially vibrant region. If you're eager to explore the investment potential of this plot, contact us today for further insights and to organise 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)
