This 3,130m² investment plot for sale near Lagos is suitable for a restaurant, office, shop or warehouse, with potential for up to 469.5m² of construction. Priced at €490,000, it gives buyers the opportunity to create a commercial property tailored to their business plan. The land is positioned close to Luz, Lagos and established holiday resorts in the western Algarve. It is a practical option for investors looking for commercial land rather than a completed building. The permitted project size is stated as 469.5m² if developed as a single-storey property, subject to the relevant approvals. The plot itself is included in the asking price, but building works are additional. A restaurant could benefit from nearby residents, tourists and passing visitors. Office accommodation could provide a base for professional or local service businesses. A warehouse or shop could make use of the accessible position and surrounding communities. Easy access helps support day-to-day operations and customer convenience. The site borders an upmarket urbanisation and a large, busy holiday resort. Another resort lies a few kilometres away, adding to the potential local catchment area. Luz is approximately 1.6km from the plot. Lagos town is around 5.4km away. The beach and coastline are approximately 4.7km from the property. Golf facilities are available around 4.3km away. The countryside outlook provides a less built-up setting while remaining close to amenities. Future returns will depend on the chosen business, planning permissions and market performance. Contact us now to examine this commercial investment opportunity in greater detail.
• 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)
