This 3,130m² commercial plot for sale near Lagos is suitable for a restaurant, office, shop or warehouse, subject to the required approvals. At €490,000, it offers a sizeable landholding for buyers planning a commercial project in the Luz and Lagos area. The indicated project size is up to 469.5m² when developed as a single-storey building. The plot only is included in the price, so the construction of the building must be budgeted separately. A restaurant could serve nearby holiday resorts, urbanisations and passing visitors. Office space could support professional, tourism or local service businesses. A warehouse may appeal to operators needing a strategic base close to Lagos and its surrounding communities. The choice of use gives buyers scope to match the development with market demand. The land is located on the outskirts of Luz and Lagos in the western Algarve. Tarmac and country-road access make arrival and servicing more convenient. Luz is approximately 1.6 kilometres away. Lagos is approximately 5.4 kilometres from the plot. The nearest beach is about 4.7 kilometres away, adding to the area’s tourism appeal. A golf course is located roughly 4.3 kilometres from the site. The nearest school is approximately 4.6 kilometres away. A large holiday resort borders the land, with another resort a few kilometres away. Nearby upmarket urbanisations could provide a year-round customer base in addition to seasonal visitors. The location may offer useful passing-trade potential for a visible commercial concept. Rental income or investment returns could be considered after development, although these are not guaranteed. Buyers should verify planning parameters, licences, utilities and construction costs before purchasing. Contact us now to explore whether this commercial land matches your business plans.
• 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)
