The Algarve region offers excellent investment opportunities, and this commercial plot near Lagos stands out as a prime choice for discerning investors. Priced at €490,000, this 3,130m² land permits construction of a single-storey project up to 469.5m², ideal for setting up diverse commercial ventures such as restaurants, offices, or retail shops.
Strategically located close to urban amenities and popular tourist destinations, this plot is essential for those looking to tap into the region’s thriving market. With easy access and proximity to busy family resorts, your business stands to benefit significantly from both local and tourist populations.
The area is known for its vibrant atmosphere, making it suitable for establishments that thrive on customer engagement. The flexibility in potential services offered and the current demand for commercial spaces contribute to a great return on investment. Establish your venture in a location that combines scenic views and convenience, enhancing both your operational success and customer satisfaction.
Additionally, with tourist hotspots only a short drive away, your property can easily cater to a steady influx of visitors, increasing profitability throughout the year. This plot is an investment not just in land but in the vibrant lifestyle of the Algarve.
Don’t miss out on this opportunity—reach out today to learn more about how this commercial property can boost your investment portfolio!
• 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)