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What is the cost of a commercial plot for construction in Algarve?

Plot in Lagos

ref. LW2034
490.000€
  • NA
  • 3.130m2
  • Building Plot

If you're wondering about the cost of purchasing a commercial plot for construction in the Algarve, this fantastic opportunity is listed at €490,000. This plot is located a short drive from the vibrant city of Lagos, making it ideal for investors. The 3,130m² plot is perfect for developing a range of commercial services such as a restaurant, office, or warehouse, with a project size of 469.5m² for a single-storey building. Situated close to urbanisation and just 4.7km from the beach, this location offers easy access for both customers and staff. With passing trade potential and proximity to busy holiday resorts, the investment appeal is significant. Additionally, being located near amenities, including golf courses and schools, enhances its desirability. Investors should take note of the commercial growth potential in this prime area. Explore this opportunity today if you're looking to establish your business in the gorgeous Algarve. Don't miss out; contact us now to learn more about making this plot your own.

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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