The price for this fantastic commercial plot near Lagos is set at €490,000, making it a prime investment opportunity for those looking to establish a restaurant in the Algarve. Spanning 3,130m², this plot is well-suited for various commercial services, including restaurants, offices, and shops. Located just a short drive from the historic city and within 4.7km of beautiful beaches, this land provides excellent visibility and access to potential customers. Investors will appreciate the area’s vibrant holiday resort atmosphere and proximity to urbanisation. With a building size allowance of up to 469.5m² for a single storey structure, buyers can create a tailored space that meets their business needs. Easy access and a prime location ensure strong passing trade, further enhancing investment potential. The local infrastructure supports businesses and is close to various amenities, making daily operations convenient. This plot is ideal for those aiming to tap into the lucrative tourist market in the Algarve. Don't miss out on this rare opportunity to invest in a sought-after location. Explore this property today before it’s gone. Contact us to 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)