If you're looking to invest in a business plot near the Algarve coast, this fantastic commercial opportunity in Luz, close to Lagos, is priced at €490,000. The plot measures 3,130m² and is ideally suited for a variety of commercial services, including restaurants, offices, or shops. Just a short drive from the beach, this location's proximity to both urbanisation and busy holiday resorts enhances its attractiveness for potential investors.
With a project size allowance of up to 469.5m² if single-storey, this plot offers versatility for your business ambitions. You’ll benefit from easy access and a prime position for passing trade in an area that is known for attracting both locals and tourists alike. The plot's location, only 4.7 km from the beach and near several urban amenities, makes it an ideal site for establishing a new venture.
In addition to its commercial potential, this area is experiencing growth, making it a smart investment for long-term returns. Educational institutions, leisure facilities, and vibrant commercial activities are within close reach, increasing foot traffic and customer engagement. For buyers keen on maximising rental potential, this site presents opportunities to cater to the thriving holiday market.
Don't miss out on this enticing investment close to the stunning Algarve coastline. Contact us now to schedule a viewing and explore the possibilities this commercial plot offers!
• 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)
