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What is the price for a business plot close to the Algarve coast?

Plot in Lagos

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

The price for this prime business plot close to the Algarve coast is €490,000, which provides exceptional value for potential investors. Nestled near the bustling city of Lagos, the plot measures an impressive 3,130m², allowing ample space for a project of up to 469.5m² that could house commercial services, including restaurants, offices, or a warehouse. This location is perfectly situated just 4.7km from stunning beaches, making it an attractive proposition for buyers looking to invest in a tourist-friendly area.

The Algarve coast is known for its vibrant culture, beautiful landscapes, and tourist attractions – all elements that can greatly enhance the success of your new business. The area is easily accessible and benefits from high traffic, providing potential for an impressive return on investment. This plot is not just a piece of land; it's a gateway to establishing a business that can attract both locals and tourists alike.

There is significant demand for commercial services in this area, particularly given the influx of visitors during peak seasons. Coupled with its close proximity to urbanisation, your business would benefit from a substantial customer base. Don’t overlook the advantages of owning a plot in such a desirable location.

Act now and contact us for further details or to arrange a viewing of this exciting 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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