Investing in commercial land just outside Lagos presents numerous advantages, particularly with this €490,000 plot available for construction. Spanning 3,130m², this prime piece of real estate is tailored for various commercial uses, including restaurants, offices, or retail spaces. The strategic location near Luz guarantees high visibility and foot traffic, critical for the success of any business venture. Given the area's growing popularity as a holiday destination, investors can expect lucrative rental opportunities as well. The plot is just 4.7km from the beach, appealing to both tourists and locals looking for quality commercial services. Additionally, proximity to urbanisation and bustling holiday resorts enhances the site’s potential customer base. Easy access to main roads increases operational convenience, making it attractive for both customers and suppliers. Those seeking to establish a profitable business will find this plot to be ideal for target markets yearning for good dining and service options. The investment potential in this region of Algarve is significant, with many businesses thriving due to the area's charm and scenic beauty. Take this chance to secure your future in a fast-growing market by contacting us to arrange 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)
