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Why invest in a commercial plot near the scenic Lagos area?

Plot in Lagos

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

Investing in a commercial plot near the scenic Lagos area presents numerous advantages for buyers looking to capitalise on the booming tourist market. This exceptional plot is conveniently located within 4.7 km of stunning beaches and the exciting urban scene of Lagos, making it ideal for businesses catering to visitors. The plot size of 3,130m² offers substantial space for development, with the potential to build a structure of up to 469m². Investors can establish various commercial services, including restaurants or shops, taking advantage of high foot traffic in this touristic region. The anticipated returns from this location make it a sound investment choice for anyone seeking commercial real estate in the Algarve. With access routes well-planned for ease of use, your business is poised for success. Enjoy the convenience of being close to golf courses, urban amenities, and family-friendly resorts nearby. The asking price of €490,000 is competitive given the location and potential. Don’t let this opportunity pass by; contact us to arrange a viewing and discuss your future investment today!

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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