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House for sale

Lagos, Lagos, Algarve, Portugal

£870,549 *  [€1,000,000]

House for sale

Lagos, Lagos, Algarve, Portugal

£870,549 *  [€1,000,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 3400 m2
  • Habitable space: 625 m2

Features


  • Double Glass
  • Energy performance certificate – Exempt

Full Description


Features
- Set on a generous plot of 3,400 m², this property represents a rare opportunity in one of the most valued locations in Lagos
- Currently configured for tourist exploration, it is spread over 18 independent units, including studios, T1 and T2 apartments, all equipped with kitchen, private bathroom, air conditioning and access to outdoor spaces
- The complex also benefits from a swimming pool, gardens and large common areas, offering a solid foundation for a large-scale rehabilitation project
- The property needs significant intervention, allowing the future owner to develop a concept fully adapted to the current requirements of the residential or tourist market
Surroundings
- Located in the prestigious area of Atalaia, the property benefits from a quiet setting and low building density, just a few minutes from the Boavista Golf Course, Porto de Mós Beach and the historic centre of Lagos
- Faro International Airport is approximately one hour away, with quick access via the A22
Strengths
- Potential for tourist development, boutique hotel, retreat or luxury residence
- Swimming pool, gardens and large outdoor spaces
- Proximity to beach, golf, marina and urban centre
- Excellent opportunity for investors looking for a project with high potential returns
A differentiating proposition for investors, location and potential for value creation in one of the strongest real estate markets in southern Europe.
Energy Rating: Exempt
#ref: CAS_15651
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This property listing (ref: CAS_15651) 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.