Premium New development

Property for sale

Luz, Lagos, Algarve, Portugal

£431,899 *  [€495,000]

Property for sale

Luz, Lagos, Algarve, Portugal

£431,899 *  [€495,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Features


  • Business
  • Electricity
  • Fence Surround
  • Field
  • Lorry Entrance
  • Public Water Network
  • Residential
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Full Description


Commercial Plot – 3,130 m² – Ferrel, Praia da Luz, Lagos. 
Excellent investment opportunity located along the EN125 between Lagos and Espiche, just minutes from Praia da Luz and Lagos city. This 3,130 m² plot is zoned for commercial or service-related construction (restaurant, warehouse, office space, etc.) and is fully fenced.
Key Features: Total plot area: 3,130 m² Footprint area: 469.50 m² Total construction area: up to 960 m² (2-storey building) Purpose: commerce and/or services (shops, offices, restaurants, etc.) Infrastructure: excellent access, legalised water borehole, full utilities Location: Ferrel area, between Lagos and Espiche, next to the EN125, just 5 minutes from Praia da LuzInvestment Potential: This area lacks commercial spaces, especially grocery distribution units (supermarkets), making this an outstanding opportunity for commercial development. The steady growth in national and international residents, combined with the significant summer population increase, makes this property ideal for a profitable and visible business.Schedule your visit today!
Don't miss the chance to build your business in a prime location with strong demand and excellent accessibility.
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Map may not show exact location

This property listing (ref: T293) is an advertisement supplied by Mimosa Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8725 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.