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Algarve, Lagos, Portugal

€875,000
IAD, Porto
PROPERTY TYPE

Detached

BEDROOMS

6

BATHROOMS

3

SIZE

4,306 sq ft

400 sq m

Description

The location on Funchal, lagos, is the oldest established upmarket villa areas in Lagos. A beautiful location 5 minutes from Lagos center.
This is a true opportunity either for a beautiful new villa or a touristic business
The views at the rear of the property are spectacular. Fully restored property (200 years old) of around 2 hectares, (18000m2) with a large well-kept garden, swimming pool, terrace and three houses. This plot of land is in a rural area, with fantastic beautiful scenery.You could build for tourism (2000m2) or a new villa (400m2). It is close to the center of Lagos and all the surrounding beaches (Luz, Meia Praia, Batata etc...) One of the existing houses has an entrance hall, equipped kitchen, living room with wood burning stove, 2 bedrooms, bathroom and laundry room, as well as an annex; House no 2 has 2 bedrooms, living room, bathroom and kitchen with laundry area. There is the possibility of combining the two houses into one, turning it into a villa with a kitchen, laundry area, living room, dining room, 6 bedrooms and bathrooms; The third house (where the warehouse used to be) has a living room, bathroom, kitchen and 2 bedrooms. The property is equipped with electricity, mains water and water from an old well with an automatic pump and plenty of water for irrigation. There is also a possibility of exchange for several apartments or villas. The property currently operates as rented accommodation.

iad Portugal is a subsidiary of the iad international group, the leading group in real estate transactions in Europe.
We share our properties with all AMI licensed professionals and our fees are split 50/50.
#ref: 118516

Algarve, Lagos, Portugal

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    40.2 miles
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About the agent

IAD, Porto

Av. da Boavista 934, Porto Portugal 4100-112

IAD, Porto

Founded in 2008, iad was born as the 1st digital real estate network made up exclusively of independent consultants. iad's DNA is based on 4 inseparable pillars: entrepreneurship, property, community and international.

In addition to head office support, the 4 pillars are backed up by digital technology and training, which make a major contribution to the success and appeal of the iad model.

With its headquarters in Paris, iad is the largest network of independent real estate cons

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Notes

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This is a property advertisement provided and maintained by IAD, Porto (reference 118516) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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