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!
• 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)