Investing in a commercial plot near the busy resort of Luz is an opportunity that should not be overlooked. Priced at €490,000, this plot sits on 3,130m² of prime land, suitable for a variety of business ventures such as restaurants, offices, and more. With a project size allowance of up to 469.5m², you have the freedom to develop according to market needs. Just 4.7km from the beach, this plot benefits from being in a highly desirable area that attracts numerous tourists and holidaymakers each year. The surrounding urbanisation and proximity to bustling resorts ensure your business will encounter significant foot traffic. This is an ideal investment for those looking to tap into the growing tourism industry in the Algarve. With easy access and visibility, your new venture will thrive in this popular location. The regional economic indicators suggest a promising return on investment for savvy buyers. Don't miss out on this remarkable opportunity! Reach out now to discover how you can make this plot your own.
• 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)
