A 3,130m² commercial plot near Lagos and Praia da Luz is available for €490,000. The site offers buyers the opportunity to create a commercial services property with an indicated project size of up to 469.5m² on a single storey. It is a practical investment option for those considering a restaurant, office, shop, warehouse or comparable business. The plot is situated on the outskirts of Luz and Lagos in the western Algarve. Its position next to an upmarket urbanisation and a busy holiday resort gives it strong commercial context. Another resort lies a few kilometres away, increasing the potential catchment area. The location is described as suitable for passing trade. Easy access should be helpful for customers, deliveries and staff. The access includes tarmac and country road connections. The beach and sea are approximately 4.7km from the property. Praia da Luz is about 1.6km away. Lagos is roughly 5.4km from the site and offers a broad range of shops, restaurants, services and tourist attractions. A golf course is located approximately 4.3km away. The nearest school is around 4.6km from the plot. Faro Airport can be reached at a distance of about 90.7km. The land provides room to plan a substantial commercial building while retaining useful external space. The asking price is for the plot only, meaning construction and professional costs must be assessed separately. A completed business could potentially benefit from local residents, resort guests and seasonal visitors. Rental or owner-operator returns may be possible depending on the chosen use, lease terms, demand and future performance, but no specific ROI is guaranteed. Contact us today to explore this Lagos-area investment opportunity and 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)
