The price for this fantastic commercial business opportunity is €490,000, making it an attractive investment for those looking to enter the Algarve market. This commercial plot is situated within a short drive from the bustling city of Lagos, providing easy access to a vibrant tourist scene and local amenities. Covering an area of 3,130m², it allows for the development of a building of up to 469.5m², ideal for various commercial services such as restaurants, offices, or warehouses. With a prime location on the outskirts of Luz and Lagos, the plot is bordered by successful upmarket urbanisation and busy holiday resorts, ensuring a consistent flow of potential customers. The proximity to the beach, just 4.7 km away, adds to its appeal, making it perfect for businesses targeting tourists and locals alike. Investors will appreciate the easy access via well-maintained roads and the possibilities for high return on investment. This is a rare opportunity to secure a strategic piece of land in a sought-after area. Don’t miss out on your chance to invest in a thriving market! Contact us today to find out more!
• 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)
