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What is the cost of building on a 3,130m² plot in Algarve?

Plot in Lagos

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

Curious about the cost of building on a 3,130m² plot in Algarve? With this plot available for €490,000, you have the potential to create a commercial property tailored to your vision. This valuable land, positioned close to Lagos, allows for a building size of up to 469.5m², making it an excellent choice for various commercial pursuits, including restaurants and offices.

The site benefits from easy access and is located within a bustling area known for welcome visitors, ensuring a high footfall throughout the year. Additionally, being only 4.7km from stunning beaches adds to the allure for would-be customers seeking nearby leisure options. Customise your space to reflect your brand and attract a diverse clientele, enhancing your investment's potential.

In this dynamic market, the chance to build a commercial venture in such a sought-after location is rare. Not only does this investment promise generous returns, but it could also serve as a long-term asset as property values continue to rise in the Algarve. Thus, when weighing the costs, consider the value of creating a tailored space in a prime location. Seize this opportunity today!

Explore your possibilities and get in touch to arrange a viewing!

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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