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What commercial properties for sale near Lagos allow construction of a restaurant or warehouse?

Plot in Lagos

ref. LW2034
5.123.803NOK
  • NA
  • 3.130m2
  • Building Plot

A commercial plot for sale near Lagos allows the construction of a restaurant, office, shop or warehouse. The 3,130m² site has an approved project size of up to 469.5m² for a single-storey commercial development. It is located close to Luz and Lagos, with easy access and strong potential for passing trade. The asking price is €490,000 for the plot only. Construction costs are not included in the purchase price. Buyers can choose a commercial use that suits local demand and their business strategy. A restaurant could benefit from nearby urbanisations and busy holiday resorts. A warehouse or shop could serve residents, visitors and surrounding businesses. Offices or other commercial services are also possible, subject to the relevant approvals. The land borders an upmarket urbanisation and a large holiday resort. Another resort is located a few kilometres away. Praia da Luz is approximately 1.6km from the site. Lagos town is around 5.4km away. The beach and sea are approximately 4.7km from the plot. The nearest golf course is about 4.3km away. Access is available via tarmac and country road connections. The countryside outlook adds a pleasant setting for a thoughtfully designed business premises. This opportunity may suit owner-occupiers, developers and investors seeking a commercial asset in the Algarve. Rental or resale potential will depend on the final development, planning permissions and market conditions. Contact us today to discuss this commercial plot and arrange a viewing.

Usage
Commercial
Type
Plot
Town
Lagos
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Usable area
469 m²
Plot Area
3.130 m²
Tarmac, Country Road
Countryside View
Building Plots
• 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)
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