For those interested in commercial development near Luz, this plot offers an expansive 3,130m² of land suited for future investments. Specifically, it allows for a project size of up to 469m², making it an attractive option for developers keen on establishing restaurants, offices, or retail spaces. Located only 1.6 km from Luz and a short distance from Lagos, the plot enables easy access to major tourist attractions and conveniences. Being just 4.7km from the beach enhances its appeal, drawing in potential clients and holidaymakers. The surrounding area features upmarket urbanisation and vibrant holiday resorts, positioning your business strategically for high foot traffic. Consider the significant rental potential or return on investment this attractive plot provides in a sought-after location. The plot is competitively priced at €490,000, enhancing its allure for keen investors. Explore this golden opportunity to secure a strategic position in the Algarve; reach out to us today to arrange your 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)
