The asking price for this fantastic commercial plot for development near the Algarve beaches is €490,000. Spanning 3,130m², this plot is ideal for investors looking to establish a business close to popular tourist destinations. Located just 4.7km from the beach, it offers easy access to both Lagos and Luz, making it a prime site for building a restaurant, office, or shop. The area benefits from a busy holiday resort nearby, ensuring a steady flow of foot traffic, which is perfect for commercial operations. In addition, the project size allows for up to 469.5m² of construction if built as a single storey. The plot is situated amidst upmarket urbanisation, enhancing its appeal for clients and visitors alike. Buyers can capitalise on the growing demand in the Algarve region, which is renowned for its stunning coastlines and vibrant community. Furthermore, the location offers proximity to essential amenities such as schools, golf courses, and shops, all within a short distance. This plot presents a unique opportunity to invest in a lucrative commercial space in a highly sought-after area. Don't miss out on the chance to build your dream business in the beautiful Algarve region. Contact us now to schedule a viewing or for more information!
• 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)
