Premium New development

5 Bed Property for sale

Lagos, Algarve, Portugal

£728,075 *  [€875,000]

5 Bed Property for sale

Lagos, Algarve, Portugal

£728,075 *  [€875,000]

Property Details


  • Bedrooms: 5
  • Bathrooms: 3

Features


  • Country House
  • Electricity
  • Garden
  • Housing Dawn
  • Kitchen-garden
  • Own water network
  • Parking place
  • Public Water Network
  • Real estate land
  • Sewerage
  • Single House
  • Storage
  • Storage Room
  • Terrace
  • Warehouse
  • Yard
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Full Description


Nestled in the tranquil and picturesque countryside of Lagos, Algarve, this meticulously restored estate offers a rare blend of historic charm and modern comfort. Spanning approximately 2 hectares, the property features a beautifully landscaped garden, an inviting swimming pool, a spacious terrace, and three distinctive homes.

Conveniently located near the vibrant center of Lagos and the stunning beaches of Luz, Meia Praia, and Batata, this estate combines rustic serenity with modern sophistication.

The first residence includes a welcoming entrance hall, a fully equipped kitchen, a cozy living room with a wood-burning stove, two bedrooms, a bathroom, and a laundry room, complemented by an additional annex.

The second house offers two bedrooms, a living room, a bathroom, and a kitchen with a laundry area. It can be easily combined with the first residence to create a single expansive home, featuring a kitchen, laundry area, living and dining rooms, six bedrooms, and two bathrooms.

The third dwelling, once a storage building, has been transformed into a charming home with a common living area, bathroom, kitchen, and two bedrooms. The property is equipped with electricity, water from both the mains and an ancient artesian well with an automatic pump, ensuring ample water supply for irrigation. It offers breathtaking views of the Monchique Mountains and the Atlantic Ocean.

According to local development regulations, there is potential to expand the property up to 2,000 m² for tourism or residential purposes. Currently operating as a rural tourism accommodation, the estate achieves impressive occupancy rates of 60% to 80% throughout the year, offering weekly, monthly, and minimum 5-night stays. The property is also open to exchange for multiple apartments or houses.

Experience the perfect blend of history and modernity in this elegant rural retreat, where every detail has been carefully considered.
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Map may not show exact location

This property listing (ref: VM1106) 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 0.8321 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.