Buy this 3,130m² commercial plot for development near Lagos in the Algarve for an asking price of €490,000. The land is located on the outskirts of Luz and Lagos, close to established urbanisations and a busy holiday resort. It offers potential for a commercial or services building of up to 469.5m², subject to the applicable planning conditions. The plot is suitable for buyers seeking a business site in a well-positioned part of the western Algarve. Possible uses include a restaurant, office, shop or warehouse. The sale price includes the land only and does not include construction of the building. Easy access makes the site practical for customers, deliveries and future staff. A tarmac and country-road access arrangement is recorded for the plot. Its position near resort communities could help support passing trade throughout the year. Praia da Luz is approximately 1.6km away. Lagos town is around 5.4km from the site. The nearest beach and the sea are approximately 4.7km away. A golf course is about 4.3km from the property. The nearest school is approximately 4.6km away. Faro Airport can be reached at a distance of around 90.7km. Countryside views add an open setting to this commercial opportunity. Nearby tourist and family resorts provide a potentially valuable customer base. Investors can shape the future building around their chosen business concept. Contact us today to arrange further information and explore this development 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)
