In the Algarve region, the price range for commercial land suitable for construction often varies, with this exceptional plot near Lagos currently listed at €490,000. Covering 3,130m², this land presents investors with a prime opportunity to build a commercial property tailored to the area's demand.
This particular plot is strategically located just 4.7km from the beach, ensuring a desirable position for businesses looking to attract foot traffic from both tourists and locals. Investors can build structures up to 469.5m², allowing for diverse applications such as restaurants, office spaces, or shops.
The site features strong accessibility from urban areas and proximity to popular holiday resorts, making it an ideal investment with excellent growth potential. Buyers will appreciate the competitive pricing compared to similar opportunities in the region, making it an attractive option for discerning investors seeking solid returns.
By choosing to invest in this plot, you're not just purchasing land – you're securing a foothold in one of the Algarve's most sought-after areas, known for its vibrant community and lifestyle. The economic advantages, combined with the ever-growing demand for services, underline the value of this investment. Explore this opportunity today and contact us for further information!
• 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)
