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Which commercial services can I develop on a plot near Luz?

Plot in Lagos

ref. LW2034
490.000€
  • NA
  • 3.130m2
  • Building Plot

On this prime plot situated near Luz, investors can develop a range of commercial services, including restaurants, offices, shops, or warehouses. With a total area of 3,130m² and potential for up to 469.5m² build space, there are significant opportunities to cater to the dynamic market needs of the Algarve. The locality benefits from easy access and close proximity to both Lagos and popular tourist spots, making it a strategically advantageous site for any business venture. Given the surrounding urbanisation with high foot traffic, setting up a restaurant or retail space here could lead to flourishing operations. The strong tourist appeal of the region, combined with the increasing demand for commercial services, enhances this plot's investment potential. Investors will find that establishing a business in this vibrant community may yield favourable returns, especially with the expected influx of holiday goers. The opportunities for development in such a picturesque area create an enticing proposition for buyers looking to invest in commercial properties. Unlock the potential of this significant plot near Luz and bring your business aspirations to life. Reach out today to discuss how this property can become your next successful venture!

Usage
Commercial
Type
Plot
Town
Lagos
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Usable area
469 m²
Plot Area
3.130 m²
Tarmac, Country Road
Countryside View
Building Plots
• 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)
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