The cost of building a restaurant on a plot in the Algarve greatly depends on various factors, including the size of the building and local construction prices. This specific plot for sale near Lagos, measuring 3,130m², is ideally suited for commercial services, including a restaurant. The price of this plot is €490,000, which includes only the land and not the construction costs. Situated just 4.7 km from the nearest beach, this prime location benefits from high passing trade and is nestled near busy holiday resorts. Investors looking to establish a business in this vibrant area will find plenty of foot traffic, providing excellent opportunities for growth and success. With a project size allowance of up to 469.5m² for a single-storey construction, the possibilities are tremendous. This plot sits in close proximity to urban areas and easily accessible roads, making it convenient for both customers and suppliers. Perfect for buyers looking to build a commercial enterprise, don’t miss out on this lucrative opportunity in a sought-after region. Contact us now to explore further and schedule a viewing!
• 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)
