Buyers can purchase this 3,130m² commercial plot near Lagos for €490,000. The land is suitable for developing a restaurant, warehouse, office, shop or other commercial service. Located near Luz and Lagos, it offers easy access and strong potential for passing trade. The permitted project size is up to 469.5m² if built as a single-storey property. The sale price includes the plot only and does not include construction costs. This gives the new owner flexibility to design premises around a specific business model. A restaurant could serve residents, holidaymakers and nearby resort communities. Alternatively, the site could accommodate offices, retail space, storage facilities or a warehouse. The plot sits close to established urbanisations and a busy family holiday resort. Another resort is located a few kilometres away, widening the potential customer base. Tarmac and country-road access support practical vehicle movement to the site. Lagos is approximately 5.4km away by road. Praia da Luz is around 1.6km from the plot. The nearest beach and coastline are approximately 4.7km away. A golf course is available about 4.3km from the land. The nearest school is approximately 4.6km away, adding to the local service catchment. Its position on the outskirts of Luz and Lagos combines commercial visibility with proximity to established communities. Investors can create a purpose-built business rather than adapting an existing building. The plot therefore offers scope for a long-term commercial investment in the west Algarve. Contact us now to discuss the opportunity and arrange 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)
