The cost of commercial land for restaurants near Luz is €490,000 for a prime plot that offers significant potential for development. This 3,130m² commercial plot sits conveniently on the outskirts of both Luz and Lagos, making it a perfect location for a flourishing restaurant business. This area's popularity among tourists ensures that your investment will have ample opportunity to thrive, especially during the peak season.
The property allows for a construction size of up to 469.5m², granting the flexibility to design a space that meets your vision. With excellent access to urbanisation and the main thoroughfares of the Algarve, your restaurant will capture the attention of passing trade. The nearby extensive holiday resorts and upmarket urban developments further enhance the appeal of this choice.
It's just a short drive away from beautiful beaches, situated 4.7km from the coast, and conveniently located near golf courses and local schools. These amenities will contribute to drawing in clientele and making your restaurant part of the local scene. The proximity to these attractions presents a unique advantage for capturing both local and tourist dining interest.
Make the most of this rare opportunity—this land is perfect for aspiring restaurateurs looking to establish their presence in a highly desirable locale. Contact us today to learn more and book your 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)
