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5 Bed House for sale

Lagos, Lagos, Algarve, Portugal

£739,967 *  [€850,000]

5 Bed House for sale

Lagos, Lagos, Algarve, Portugal

£739,967 *  [€850,000]

Property Details


  • Bedrooms: 5
  • Bathrooms: 3
  • Plot size: 17660 m2

Features


  • Barbecue
  • Garage
  • Double Glass
  • Storage
  • Garden
  • Energy performance certificate – F
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Full Description


This magnificent 2-hectare property , fully restored, combines the charm of rural living with modern comfort and proximity to the centre of Lagos and the region's beaches. Main Features Extensive and fertile land of approx. 20,000 m², ideal for agriculture, landscaping or new projects. Landscaped garden, swimming pool, spacious terrace and panoramic views of the Monchique mountains and the Atlantic. Three independent houses, fully equipped and tastefully decorated: House 1 : hall, fitted kitchen, living room with wood-burning stove, 2 bedrooms, bathroom, laundry and annex. House 2 : 2 bedrooms, living room, kitchen with laundry and bathroom (possibility to connect to House 1). House 3 : former outbuilding converted into a residence with living room, kitchen, 2 bedrooms and bathroom. Modern infrastructures: electricity, mains water and artesian well with automatic pump. Investment Potential Possibility to build up to 2,000 m² according to the Master Plan, for rural tourism or housing. Currently operating as a guesthouse, with occupancy rates between 60% and 80% per year, available for weekly, monthly or minimum 5-night rentals. Open to exchange for several apartments or houses. Highlights Peaceful location surrounded by nature, just minutes from Lagos. Perfect balance between historical authenticity and modern comfort. Versatile project: ideal as a private residence, tourist accommodation or long-term investment. A rare opportunity to acquire a unique estate in the Algarve, where tradition, charm and profitability meet. This magnificent 2-hectare property , fully restored, is located close to the centre of Lagos and the beaches. Features With around 2 hectares, it has been completely refurbished, preserving its rural charm while incorporating modern comfort. Landscaped garden, swimming pool, spacious terrace and three independent houses, elegantly furnished and fully equipped. The houses offer between two and six bedrooms, cosy living rooms, functional kitchens, laundry areas and annexes, adaptable to different uses. Equipped with electricity, mains water and an artesian well, ensuring total autonomy. Surroundings Nestled in a peaceful rural setting of natural beauty, yet close to Lagos town centre and its iconic beaches. A perfect balance between serenity and accessibility, ideal for permanent living or tourism. Highlights Possibility to build up to 2,000 m² according to the Master Plan. Currently operating as guest accommodation with occupancy rates between 60% and 80%. A unique opportunity that combines authenticity, comfort and a solid investment in the Algarve. A rare opportunity. Come and see for yourself!
Energy Rating: F
#ref: VM1106
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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 0.8705 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.