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Why invest in a plot close to the tourist areas in the Algarve region?

Plot in Lagos

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

Investing in a plot close to the popular tourist areas in the Algarve region, like the one near Lagos, is a smart decision for aspiring business owners. This commercial land plot offers the potential for high foot traffic throughout the year, thanks to its proximity to both urban centres and family resorts. With a total plot size of 3,130m² and the ability to build a commercial property of up to 469.5m², the investment potential is significant. The growing tourism industry in the region means a constant demand for various services, making it an ideal location for businesses such as restaurants or shops. Lagos is well-known for good transport links and cultural attractions, adding to its appeal for both locals and visitors alike. Investing here will not only provide potential financial benefits but will also contribute to the local community's offerings. For those looking to make a strategic investment in a flourishing economy, this plot presents an outstanding opportunity. Contact us today to seize this unique chance!

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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