Investing in this commercial plot near Lagos is a smart choice for several reasons, starting with its prime location just minutes from the city centre. The asking price of €490,000 for a 3,130m² plot presents a valuable opportunity for serious investors eager to tap into the thriving Algarve market. This plot is suitable for various commercial services, including restaurants and offices, offering versatility for entrepreneurs looking to capitalize on both tourist and local customer bases. With an allowable build size of up to 469.5m², the potential to create a bustling commercial space is immense, designed to accommodate the growing demand in this vibrant area. Moreover, the proximity to popular urbanisations and holiday resorts ensures a steady flow of customers seeking leisure-oriented services. The distance of only 4.7 km to the beach adds to its appeal, making it ideal for tourism-related businesses. The strategic layout and access make it easy for customers to find your establishment. There’s no doubt that this plot offers significant investment potential with projected strong returns. Join the wave of entrepreneurs securing their place in this growing market. Get in touch with us today to explore this investment opportunity!
• 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)