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What is the cost of a business plot suitable for a restaurant in Algarve?

Plot in Lagos

ref. LW2034
490.000€
  • NA
  • 3.130m2
  • Building Plot

This commercial plot is currently available for sale at a price of €490,000, perfect for establishing a restaurant or similar business. Spanning 3,130m², the land provides ample space for construction, with the potential to build a single-storey project of up to 469.5m². Ideally situated close to the bustling towns of Lagos and Praia da Luz, it offers great access and visibility for passing trade.

The location boasts proximity to urban amenities, making it an excellent choice for business services. The vibrant atmosphere of nearby family resorts caters to daily foot traffic, enhancing your investment potential. It's just 4.7 km from the nearest beach, ideal for attracting tourists and locals alike.

With easy access to main roads, this plot also appeals to those intending to serve both locals and visitors. The proximity to established urbanisation suggests a healthy market for restaurants and shops, providing an opportunity for excellent returns on investment. Additionally, being near essential services and a golf course, this plot invites a diverse clientele.

Moreover, with the planned construction limited to commercial services, you can tailor the operation to meet local demand. Whether you envision a trendy café or a modern restaurant, this land is a blank canvas to realise your business dreams. Don't miss out on this fantastic commercial opportunity tucked away in one of Algarve's most desired areas.

Contact us now to schedule a viewing and explore this excellent investment opportunity!

Usage
Commercial
Type
Plot
Town
Lagos
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Usable area
469 m²
Plot Area
3.130 m²
Tarmac, Country Road
Countryside View
Building Plots
• 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)
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