Buying this commercial development plot near Lagos could place a new business within 4.7km of the beaches and sea. The 3,130m² site also borders an upmarket urbanisation and a large, busy holiday resort. Its €490,000 asking price covers the plot only, while building costs are separate. Buyers can plan a commercial or service-based development of up to 469.5m² if built as a single-storey project. The permitted commercial concept could include a restaurant, shop, office or warehouse, subject to the necessary permissions. Proximity to holiday accommodation may support customer footfall during the Algarve tourist season. Local residents in nearby urbanisations could provide an additional year-round market. The site occupies a strategic position between Praia da Luz and Lagos. Luz is approximately 1.6km away. Lagos is around 5.4km from the plot. The nearest golf course is about 4.3km away for added visitor and lifestyle appeal. Access is straightforward through tarmac and country road connections. The countryside view offers an attractive backdrop for a well-designed commercial project. A restaurant could serve holidaymakers, local families and nearby residents. A shop or service business could benefit from passing traffic and surrounding communities. A warehouse could provide operational space for a growing company, subject to permitted use. Investors may also consider leasing the completed premises, depending on market conditions. Potential returns should be assessed alongside construction, finance, licensing and planning expenses. The location combines coastal proximity with access to the commercial services of Lagos. This is a flexible land opportunity for buyers with a clear development strategy. Contact us now to learn more and schedule a 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)
