Buying land for a business close to tourist areas in Algarve is a strategic move for investors aiming to maximize their returns. This commercial plot, located just a short drive from Lagos’ historical attractions, presents a unique opportunity with its 3,130m² available space and the potential to develop a commercial property of up to 469.5m². Priced competitively at £490,000, this site is perfectly positioned near bustling tourist resorts and residential communities, ensuring a steady customer base.
The proximity to the beach, only 4.7 km away, enhances its desirability, providing an appealing atmosphere for potential clients. Since the Algarve region is renowned for its stunning coastline and vibrant culture, investors can anticipate a great mix of local and tourist foot traffic, which is vital for a successful business.
The area also benefits from essential amenities and infrastructure, guaranteeing easy access for both customers and suppliers. Given the increasing demand for commercial services in Lagos, this plot represents an exciting prospect for growth in an ever-popular tourist destination.
Act now to seize this remarkable opportunity for investment. Contact us to discover more about this plot and schedule a viewing to envision your business here!
• 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)
