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

Plot in Lagos

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

The listed commercial plot for construction near Lagos is priced at €490,000. This fantastic opportunity spans 3,130m², providing ample space for a variety of commercial services, including a restaurant, office, or warehouse. Located in the west Algarve, just a short drive from the vibrant city of Lagos, this plot is perfect for investors seeking to establish a business in a busy area. The potential project size is 469.5m² if built as a single storey, giving you considerable room for development. With easy access to urbanisation and a major holiday resort nearby, this plot benefits from high foot traffic and visibility. Capable of accommodating any commercial property, this site invites creativity to meet the demand of both locals and tourists. Furthermore, its proximity to the beach, only 4.7km away, enhances its appeal for businesses catering to holidaymakers. Investors will appreciate the growing need for commercial spaces in such a desirable location, ensuring strong returns on investment. Whether you aim to build a restaurant or retail space, this plot offers flexibility and strategic advantages. Begin your business journey in a thriving community that values quality services. Contact us to explore this opportunity and secure your investment today!

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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