Investing in a commercial property close to Praia da Luz has never been more appealing with this plot available for €490,000. This prime location of 3,130m² is just a stone's throw away from stunning beaches and upmarket resorts, attracting tourists and locals year-round. The plot allows for a construction project of up to 469.5m², presenting an ideal canvas for a restaurant, office, or shop that will tap into the bustling tourist trade. Located only 4.7 km from the beach, it offers a balance of accessibility and serene environment, perfect for any commercial venture. The neighbourhood is already thriving, presenting opportunities for both daytime visitors and evening dining. Not only will you benefit from the proximity to tourist hotspots, but also the potential for robust rental income or high return on investment. With easy access to local amenities and recreation, this area is primed for business success. Position yourself at the forefront of the growing Algarve property market. Don't hesitate, explore this investment opportunity before it’s gone! Contact us today.
• 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)
