Buying this commercial development plot could give investors a sizeable 3,130m² site close to Lagos, resorts and the beach. The land is offered for €490,000 and has an indicated single-storey project size of up to 469.5m². It may suit buyers looking to establish a restaurant, office, shop, warehouse or other commercial service near Praia da Luz. The plot sits in a location designed to benefit from convenient access and nearby activity. An established urbanisation borders the land. A busy family and tourist resort is also close by. Another resort lies a few kilometres away, increasing the area’s potential customer reach. These surroundings can be attractive to businesses serving local residents, holiday visitors and passing traffic. The beach and sea are approximately 4.7km from the site. Luz town is around 1.6km away for everyday amenities and local services. Lagos is approximately 5.4km away and provides a historic setting, marina, restaurants and a broader commercial infrastructure. A golf course is located about 4.3km from the plot. The nearest school is approximately 4.6km distant. Faro Airport is around 90.7km away, supporting access for international owners, staff and visitors. Road access includes tarmac and country-road sections. The land offers flexibility because the future buyer can determine the type of commercial property to propose. Construction is not included in the asking price, so a detailed feasibility and budget assessment is essential. Potential rental income or business returns would depend on the approved use, final building, trading performance and market conditions. Contact us now to explore whether this Algarve commercial plot matches your investment plans.
• 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)
