Considering investment opportunities for commercial plots near Luz and Lagos? This prime 3,130m² plot is available for €490,000 and is strategically positioned for various commercial uses. With an allowance of up to 469.5m² for construction, it's ideal for those looking to invest in a restaurant, shop, or office space. Just 4.7 km from the beach, its location near busy family resorts ensures a high volume of foot traffic. This land offers easy access to the vibrant and modern city of Lagos, providing a great opportunity to engage with both locals and visitors. The surrounding area features upmarket urbanisation, making this a sought-after location for prospective tenants or customers. With potential for strong rental yields and long-term capital appreciation, this site is perfect for seasoned investors or newcomers alike. The plot is surrounded by essential amenities, enhancing its appeal for businesses looking to attract a diverse clientele. Don’t miss out on this investment opportunity in the picturesque Algarve region. Contact us now to discuss how this land can meet your commercial goals!
• 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)
