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Why should I invest in a commercial plot in Luz close to Lagos?

Plot in Lagos

ref. LW2034
5.769.462NOK
  • NA
  • 3.130m2
  • Building Plot

Investing in this commercial plot in Luz, just a stone's throw from Lagos, is a smart decision for any prospective business owner. Priced at €490,000, this 3,130m² plot is strategically located within a lively area known for its tourist foot traffic, making it perfect for various commercial services like restaurants, offices, or retail spaces. The plot also allows for a buildable area of up to 469.5m², giving you plenty of room to establish a thriving business.

Luz and Lagos are popular destinations that attract a diverse crowd throughout the year. With the beach only 4.7 km away and numerous amenities close by, you can ensure high visibility and accessibility for your future business. This area benefits from a blend of residential and vacation properties, providing a steady flow of customers seeking services and experiences.

Investors can leverage the location's potential to create a hospitality-focused business in a resort-style setting, tapping into the lucrative holiday market. Continued growth in tourism and local development enhances the desirability of investing in this plot, making it a wise long-term investment decision. The potential for capitalising on rental opportunities further adds to its appeal.

Whether you are starting a new venture or expanding an existing one, this commercial plot offers the promise of significant returns. Reach out today to learn more about this exciting opportunity and to schedule a viewing!

Usage
Commercial
Type
Plot
Town
Lagos
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Usable area
469 m²
Plot Area
3.130 m²
Tarmac, Country Road
Countryside View
Building Plots
• 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)
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