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What is the investment potential of building a restaurant in Algarve?

Plot in Lagos

ref. LW2034
4.034.244CNY
  • NA
  • 3.130m2
  • Building Plot

The investment potential of building a restaurant in the Algarve, particularly in a prime location near Lagos, is significant. This fantastic commercial plot spans 3,130m² and offers up to 469.5m² for construction, making it ideal for a restaurant catering to both locals and tourists. Situated just a short drive from the historic city of Lagos, this plot is perfectly positioned near busy holiday resorts, ensuring a steady flow of clientele. With easy access and proximity to urbanisation, this area is ripe for a thriving dining establishment. Additionally, the region is known for its vibrant tourism, which could drive high footfall to your restaurant. The beach is only 4.7km away, enhancing the appeal for beachgoers looking for nearby dining options. Investing in this plot could yield substantial returns, especially during the bustling holiday season. This site is not just a space; it’s a prime opportunity for visionary investors looking to build a business in a sought-after location. Explore the potential of this commercial plot now and take the first step toward realising your restaurant dream. Contact us to schedule a viewing 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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