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What is the price of a business plot suitable for restaurant construction in Algarve?

Plot in Lagos

ref. LW2034
4.102.756CNY
  • NA
  • 3.130m2
  • Building Plot

The asking price for this outstanding commercial plot, perfect for restaurant construction, is €490,000. Nestled on the outskirts of Lagos, this prime piece of land is strategically positioned to attract both local residents and tourists alike. With 3,130m² of total plot area, the possibilities for your restaurant project are vast, accommodating designs of up to 469m² for a single-storey building. The location benefits from excellent road access and is only 4.7km from the beach, ideal for capturing the foot traffic of beachgoers and tourists. Investing in this plot offers a unique opportunity to engage with the vibrant dining market in Algarve. Its close proximity to established urbanisation and holiday resorts guarantees a steady customer base. This is a golden opportunity for discerning buyers looking to invest in a profitable venture. Don’t hesitate – reach out for more information on this promising commercial plot 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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