Investing in commercial land in Algarve is best exemplified by this plot near Lagos, available for €490,000. Spanning 3,130m², with a potential construction footprint of up to 469m², this location is not only profitable but strategically situated for business success. Its close proximity to vibrant tourist areas and urbanisation means a high potential for return on investment. With major resorts and communities nearby, the area boasts excellent visibility and accessibility, both of which are crucial for commercial success. Additionally, being just 4.7km from the beach allows for seasonal boosts in traffic, making it attractive for diverse business ideas, from restaurants to shops. The local infrastructure supports various commercial ventures, ensuring your investment thrives. Explore your options today and consider this exceptional opportunity to enter the Algarve commercial property market!
• 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)