Buyers can purchase this commercial plot near Lagos, Algarve, for €490,000. The 3,130m² site is available for construction and offers a permitted project size of up to 469.5m² if built as a single-storey property. It is positioned on the outskirts of Luz and Lagos, close to established urbanisations and busy holiday resorts. The land is suitable for commercial services, including a restaurant, office, shop or warehouse. Its location offers easy access towards Lagos and the surrounding Algarve coastline. A tarmac and country-road access arrangement supports practical day-to-day use. The site is approximately 1.6km from Luz and 5.4km from Lagos. The nearest beach and sea access are around 4.7km away. A golf course is located approximately 4.3km from the plot. The nearest school is about 4.6km away. Faro Airport can be reached at a distance of approximately 90.7km. Nearby tourist and family resorts may provide a strong customer base for the right business concept. Bordering upmarket urbanisation creates an opportunity to serve local residents, holidaymakers and resort visitors. The plot’s position near passing traffic could support visibility for a commercial venture. Buyers have flexibility to decide which type of commercial or service building best suits their plans. The advertised price covers the land only, so construction, professional fees, approvals and fit-out would need to be budgeted separately. Investors should undertake their own planning, legal and financial due diligence before committing. Commercial land in a popular West Algarve destination may offer long-term business and rental potential, subject to the chosen use and planning permissions. Contact us now to arrange further information and explore this Lagos-area investment opportunity.
• 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)
