This 3,130m² investment plot near Luz and Lagos offers strong potential for passing trade and is available for €490,000. The site could accommodate a commercial building of up to 469.5m² if developed as a single-storey project. It is suitable for a restaurant, office, shop, warehouse or another approved commercial service. The land sits beside established urbanisations and a busy holiday resort on the outskirts of Luz and Lagos. That setting may help a future business attract local customers, holiday visitors and resort traffic. Its investment appeal comes from the opportunity to create a purpose-designed commercial premises rather than acquire an existing building. The plot price does not include construction, fixtures or other development expenses. Investors can assess whether a hospitality, retail, storage or office concept best suits the location. Good access is available via tarmac and country road. Luz town is approximately 1.6km away. Lagos is around 5.4km from the property. The nearest beach and the sea are approximately 4.7km away. A golf course is located about 4.3km from the site. The nearest school is roughly 4.6km distant. Faro Airport is approximately 90.7km away. The property has countryside views that may enhance the setting of a customer-facing business. Nearby tourist and family resorts create potential demand across different seasons. Any rental yield, operating profit or return on investment would depend on the completed development and its commercial performance. Planning permissions, access arrangements and permitted uses should be checked before purchase. Contact us today to assess this investment 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)
