This 3,130m² commercial plot near the Algarve coast is suitable for a proposed restaurant, office, shop or warehouse. It is for sale near Lagos and Praia da Luz for €490,000, with potential for up to 469.5m² of single-storey construction. The land offers a flexible development opportunity for buyers seeking to create premises around a specific business concept. It is positioned on the outskirts of Luz and Lagos, close to urbanisations and a busy tourist and family resort. The neighbouring resort environment could help generate visibility and customer traffic. Easy access is an important advantage for staff, suppliers and visitors. The plot has tarmac and country-road access. A restaurant could serve residents, holidaymakers and resort guests in the surrounding area. Office users may value the proximity to Lagos, Luz and established communities. A warehouse or trade-related facility could benefit from the accessible position and generous site area. The beach and sea are approximately 4.7km away. Praia da Luz is around 1.6km from the plot. Lagos town is approximately 5.4km away. The nearest golf course is about 4.3km distant. A school is located roughly 4.6km away. The available project size leaves scope to consider customer parking, storage, loading or external seating, subject to approval. The plot-only purchase allows an investor to plan the building, layout and commercial specification from the outset. This may be attractive to an owner-occupier seeking premises designed for a particular operation. It may also suit an investor intending to construct and lease a commercial unit, although returns are not guaranteed. Buyers should obtain independent advice on planning, construction costs, licensing and permitted uses before committing. Contact us to learn more about this commercial land opportunity and arrange a site visit.
• 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)
