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Which areas near Lagos are ideal for establishing a new business?

Plot in Lagos

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

For establishing a new business, areas just outside Lagos, such as Luz, offer outstanding opportunities. Specifically, the commercial plot for sale near Luz encompasses 3,130m², suitable for constructing various service-based buildings, including restaurants or offices. This plot benefits from its proximity to busy holiday resorts and urbanisation, ensuring high visibility and easy access for customers. The bustling atmosphere, coupled with a steady influx of tourists, makes it an ideal location for entrepreneurial ventures. Further enhancing its appeal is the distance of only 4.7km to the beautiful beach, which attracts visitors seeking services from places close to their holiday destinations. Investors can leverage the growing tourism industry while also catering to the local population. This area promises a solid return on investment, making it a top choice for serious buyers looking to establish a foothold in the Algarve market. Engage with our team to explore this exciting business opportunity in detail!

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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