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What is the cost of a commercial plot suitable for a restaurant near the Algarve?

Plot in Lagos

ref. LW2034
5.233.714SEK
  • NA
  • 3.130m2
  • Building Plot

The commercial plot near Lagos, suitable for a restaurant, is available for €490,000. This prime location is just 4.7 km from the beach and is accessible, making it a fantastic choice for a dining establishment. With a plot size of 3,130 m² and a potential building size of up to 469.5 m² for a single storey, investors can make their vision a reality. The plot is surrounded by upmarket urbanisation and busy holiday resorts, offering a constant footfall. Situated within a short drive from the historic city of Lagos, it benefits from great exposure to both tourists and locals. Easy access ensures that customers can reach your business with minimal hassle. This area is an investment opportunity for those looking to become part of the thriving Algarve region. With several commercial services in high demand, including restaurants and offices, this plot is ideal for various uses. Location is key, and being close to a popular holiday destination will likely enhance your venture's success. Consider the potential return on investment due to the high tourist traffic and local population. Don't miss this chance to secure a prime location where you can build the business of your dreams. Contact us now to explore this exceptional opportunity further!

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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