One of the best locations for commercial property development is near Praia da Luz, where this fantastic plot is situated. Close to Lagos, this 3,130m² plot offers excellent prospects for commercial services such as restaurants and offices. The strategic placement allows for easy access to the busy tourist and family resort region, which is crucial for any successful business.
The area benefits from consistent foot traffic, given its closeness to urbanisations and attractions nearby. You can build a project up to 469.5m² on this land, giving you the flexibility to customise your space according to your business model. Just 4.7 km from the beach, the location makes it inviting for both locals and holidaymakers alike, ensuring a stable clientele.
Investing in this commercial plot not only promises superb exposure but also significant long-term return potential, especially in a thriving region like Algarve. Furthermore, its proximity to essential amenities and leisure activities, such as golf courses, adds to the desirability of the location.
The asking price of €490,000 represents a strong investment in a thriving market. Don't hesitate to seize this opportunity to develop a profitable commercial property. Get in touch to arrange a site visit and explore the potential 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)
