The current price for this promising commercial development plot in the Lagos area is €490,000. Spanning an impressive 3,130m², this prime piece of land offers an excellent opportunity for investors looking to establish a commercial presence near one of the Algarve's most beloved cities. Tailored for commercial services, including options like restaurants, offices, or warehouses, this plot allows for up to 469.5m² of construction, making it a versatile investment.
Strategically located just 4.7km from the beach, the site is positioned to attract both local residents and tourists, providing an avenue for businesses to thrive in a vibrant community. With its close proximity to urbanisation and essential services, this plot not only enjoys great visibility but also opens the door to potentially lucrative business avenues.
Investing in commercial land in this popular region is smart, given the ongoing development and desirability of the Algarve as a destination. The diverse customer base and high demand for various services can contribute to strong financial returns for the new owner.
If you are considering making a strategic investment in commercial real estate, this plot represents an excellent choice in a favourable location. Don’t wait to take advantage of this opportunity—reach out today to learn more and schedule a visit!
• 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)
