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Algarve, Meia Praia, Portugal

€950,000
Exclusive Algarve Villas, Vilamoura
PROPERTY TYPE

Villa

BEDROOMS

1

BATHROOMS

3

SIZE

1,894 sq ft

176 sq m

Key features

  • Water/Mains water: Yes
  • Hot water system/Combo system: gas boiler
  • Sewage/Mains sewage: Yes
  • Electricity/Mains electricity: Yes
  • Airconditioning/Ducted ac system in false ceiling: Yes
  • Windows/Double glazed windows: Yes
  • Doors/Double glazed doors: Yes
  • Shutters/Manual: Yes
  • Garage/Above ground parking spaces: 1
  • Garage/Closed private garage (cars): 2

Description

This extraordinary property, perfectly situated on the beachfront of Meia Praia, offers a rare and versatile opportunity, whether you are seeking a thriving business or envisioning a stunning coastal home with breathtaking sea views.It used to operate as a restaurant within an exclusive development; the property spans two spacious floors plus a large basement, with approximately 30sqm dining rooms on each level. The first floor boasts an elegant, fully glass-enclosed terrace, adding an additional 27sqm, ideal for enjoying the panoramic ocean views in all seasons.The property is fully equipped for a restaurant business, featuring a professionally fitted industrial kitchen, a pantry, a bar, and bathrooms tailored for both staff and guests.The ample basement provides extensive storage space, including areas for refrigeration, a wine cellar, and more, making it ready for immediate operation. Dumbwaiter from top to bottom.For those envisioning a luxurious beach home, the current owners have already secured town hall approval for converting the property from a restaurant to a private residence. This offers the exciting potential to create a fantastic home with at least three en-suite bedrooms, a study, a spacious kitchen, a utility room, pantry, and a large open-plan lounge. Obviously, the expertise of a good architect should be required for this purpose.With the possibility of adding a pool, this would provide ample outdoor living space to enjoy the incredible Algarve climate.The basement could be transformed into a wine cellar, gym, games room, or additional storage, depending on your needs.The property has a cobbled stone walled backyard, and the front deck is ideal for al fresco dining or relaxing while gazing at the sea. Imagine stepping out your door, crossing the street, and having your feet in the sand of one of the most beautiful beaches in the Algarve (5km long ideal for winter walks).Conveniently located just 1.8km from the Marina roundabout and only 800 meters further to reach the town of Lagos, this property offers the perfect balance of tranquility and accessibility. For those who enjoy walking, the vibrant town centre is just a short 2.3km stroll away.Whether you’re seeking a spectacular seaside home or a unique restaurant ready to be reinstated, this is a truly special opportunity to own a piece of paradise on the Algarve coast.

Algarve, Meia Praia, Portugal

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NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    38.8 miles
Advice on buying Portuguese property

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Exclusive Algarve Villas, Vilamoura

Avenida Tivoli, conjunto VarandaMar, Corpo B, Bloco 3,Apartamento R/C Esq 8125-410 Vilamoura

About Us

Exclusive Algarve Villas is a leading high end real estate agency based in the Algarve, Portugal. For 3 years in a row, we were the winners of the award for Best Real Estate Agency Portugal by the International Property Awards. We stand for quality and not quantity, personalized service, and availability during 7 days a week, 24 hours a day.

Exclusive Algarve Villas is a unique real estate agency focused on personal service and property Search services in the Algarve, Portugal. Our office works with a small team of professionals who are experienced in selling luxury properties, investment projects, commercial real estate and are well integrated and knowledgeable of the processes in the Algarve.

We focus mainly on high end real estate situated in prime locations in the Algarve, a niche market, including properties such as modern homes, sea front villas, development land located on the beach, boutique hotels on the clifftop and super luxury villas for the rich and famous. Our main working areas are Vale do Lobo, Quinta do Lago, Almancil, Loule, Albufeira, Carvoeiro and Lagos. We have some unique properties as well for sale outside these areas which you will find on our website.

Acquiring luxury real estate in Algarve is a unique asset and investment combined, we understand this. The Algarve has over 300 days of sunshine and is the Florida of Europe. The Algarve has also proven to be recession proof which makes it ideal for buyers to combine lifestyle and investment. With fantastic beaches, a formula 1 racing circuit, luxury Michelin star restaurants, new shopping malls, quaint fishing villages and a superb relaxed backland, the Algarve has something to offer for all. From the summer parties in the Vilamoura marina to a enjoying the piece & quietness of Monchique, it is all possible here in the fantastic province of Algarve.

Our office is located in Lagoa and works on appointment only basis, we can also meet on location at a time and day suitable for you. Contact us now to make a personal appointment with one of our staff to discuss your personal real estate goals.

With our multi lingual team, you can communicate with us in English, Spanish, Dutch, German and Portuguese - whichever you prefer. We have great local knowledge and experience of which you as a client can benefit from.

Real estate you can buy from anyone, good service you can’t!

We hope we can welcome you soon and assist you in becoming a proud property owner in the sunny South of Portugal, the Algarve.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Exclusive Algarve Villas, Vilamoura (reference 57735_EAV-3918) 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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