Are you wondering about investment opportunities for commercial land in the Algarve region? This fantastic 3,130m² plot near Lagos is an excellent option for savvy investors looking to enter the commercial real estate market. Priced at €490,000, this property is designed to support various developments, including offices, restaurants, and shops.
Positioned only 4.7km from the beach, this plot benefits from both visibility and accessibility, making it attractive for a variety of businesses. With the potential for a building size of up to 469.5m², this space can be tailored to suit your business concept, whether it's a chic dining venue or a productive office space. The area is known for a blend of local residents and seasonal tourists, ensuring continual foot traffic and clientele for your investment.
Moreover, with the thriving hospitality and commercial sectors in the Algarve, this plot presents significant potential for returns. As urbanisation and holiday resorts grow in the area, your investment could appreciate over time while providing essential services to both visitors and locals. It's a chance to participate in a growing market with promising possibilities.
Don't let this opportunity slip away! Contact us now to learn more and plan your property visit.
• 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)
