The asking price for this 3,130m² commercial business site near Lagos is €490,000. The plot has stated project potential of 469.5m² for a single-storey development, subject to the necessary planning approvals. It is located near Luz and Lagos in the Algarve, close to resorts, urbanisations and the coast. The site is intended for commercial services and offers a flexible basis for a new business venture. Potential uses include a restaurant, office, shop or warehouse. The advertised price is for the land only and excludes construction of the building. Buyers therefore have the opportunity to plan the layout and specification around their intended operation. Easy access should help with customer arrivals, deliveries and general business logistics. The land occupies a position with potential for passing trade. An upmarket urbanisation and a large holiday resort border the property. 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. A school is approximately 4.6km from the property. Faro Airport is located around 90.7km away. This commercial land could suit an investor seeking to establish a business in a popular western Algarve location. Contact us today for more information or to arrange a visit to the site.
• 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)
