Commercial development land for sale near Lagos that can support a building of up to 469.5m² is offered at €490,000. The 3,130m² plot is designed for a possible single-storey commercial project, subject to the relevant approvals and detailed plans. It sits close to Luz and Lagos in a location surrounded by urbanisation and holiday resort activity. Potential uses include a restaurant, office, shop, warehouse or another suitable commercial service. The generous plot area gives a future owner space to plan access, circulation and operational areas around the proposed building. Easy access is one of the key practical advantages of this site. The access is described as tarmac and country road. Lagos is approximately 5.4km away, while Luz is around 1.6km from the land. Beaches and the sea are approximately 4.7km away. The nearest golf course is around 4.3km distant. A school is located approximately 4.6km from the plot. Faro Airport is about 90.7km away for international connectivity. A nearby tourist and family resort could help create demand for customer-facing or service-led businesses. Upmarket urbanisations bordering the land may provide a nearby residential customer base. Another resort is located a few kilometres away, extending the surrounding visitor catchment. The plot’s position may suit an investor seeking commercial premises close to established Algarve destinations. The purchase price includes the plot only and does not include building construction. Future owners should obtain independent advice on planning, design, costs, licensing and the intended commercial use. Rental or resale potential may be considered as part of a wider business plan, although returns are not guaranteed. Contact us to discuss the documentation, location and next steps for this development 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)