Investing in a plot near the historic city of Lagos, Algarve, presents a wealth of opportunities, particularly for commercial development. Located just a short drive from the city centre, this expansive 3,130m² plot is not only an attractive site for business establishments like restaurants and offices but also offers a gateway to the rich cultural heritage and tourist appeal of Lagos. As a hub of tourism, the area attracts a constant influx of visitors, thus promising high foot traffic for any business targeting this market. Moreover, the investment potential in this location is bolstered by the proximity to well-established urbanisation and well-frequented holiday resorts, creating a reliable customer base for various services. With a project size capability of up to 469.5m² for construction, this plot is a blank canvas waiting for your vision. The charming coastal environment and stunning surroundings further enhance its desirability. Priced competitively at €490,000, it's an ideal moment to consider the advantages of investing in real estate here. Secure this fantastic opportunity today and establish your business in one of Algarve's most picturesque locations.
• 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)
