Considering the potential returns on this commercial plot near Lagos is essential for savvy investors. The plot, which spans 3,130m², allows for significant commercial development opportunities, with the potential for building up to 469.5m². Located just 4.7km from the beach and a short distance from the vibrant city centre, this plot is perfectly positioned to capture influxes of tourists and local customers alike, enhancing its profitability.
The thriving tourist industry in Lagos means that a variety of commercial services, such as shops, restaurants, and offices are in high demand, providing a strong possible ROI. With easy accessibility and adjacent to busy urbanisation, your new business could become a staple within the community, bringing in consistent customers year-round.
Additionally, with upmarket holiday resorts in the vicinity, your investment could cater to both tourists and residents, ensuring a diverse clientele. The commercial landscape in the Algarve is continually maturing, thus promising a strong future growth potential for any commercial venture. This is an exceptional opportunity for long-term investment that suits both established companies looking to expand and new businesses eager to enter the market.
Don't miss the chance to explore the possibilities this plot offers! Contact us now for more information and to arrange a viewing!
• 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)