This commercial plot is an ideal investment opportunity in the Algarve, offered at €490,000 for 3,130m² of prime land. Situated just a short drive from vibrant Lagos, this area is rapidly developing, making it an attractive prospect for buyers looking to establish a business—be it a restaurant, office, or warehouse. The flexibility to build up to 469.5m² on this plot allows for a range of business models.
The plot's location benefits from significant tourist traffic due to the proximity to popular holiday resorts and amenities, ensuring a constant flow of potential clientele. Its strategic siting gives you easy access to main roads while remaining close to lovely beaches, only 4.7km away, providing perfect conditions for attracting both locals and tourists.
Investing in this land is not just about the immediate returns; it's also about the rich potential for future growth. The demand for commercial services in this area is bolstered by local development and the increasing number of visitors seeking businesses that cater to their needs. Significant investments have continuously transformed the region into a hotspot for business ventures.
Join the growing number of successful investments in the Algarve—this plot is your chance to contribute to the dynamic business landscape. Contact us now to discover more about this opportunity and to arrange your viewing!
• 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)
