This prime commercial plot near Lagos is available for sale at €490,000, making it an excellent investment opportunity for those looking to establish a restaurant or retail shop. The plot spans 3,130m², granting ample space for a construction project of up to 469m², ideal for various commercial services. Situated within a short drive from the vibrant city of Lagos, the location is perfect for attracting tourists and locals alike, ensuring a steady stream of customers. Positioned on the outskirts of Luz, the site benefits from easy access and is surrounded by upmarket urbanisation, catering to high demand in the area. Additionally, it is just 4.7 km from the nearest beach, making it attractive for those seeking a coastal lifestyle. This strategic location ensures high visibility for your future business, taking advantage of passing trade. Nearby amenities and established family resorts enhance its value further. Given the potential for diverse commercial services, this plot offers a unique opportunity to tap into the growing local market. For investors, this area presents excellent growth potential, making this plot an ideal choice for those looking for lucrative business investment. Don't miss out on this fantastic opportunity to secure a prime piece of commercial real estate in the Algarve. Contact us today to learn more 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)