Algarve, Lagos, Portugal
- 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, Lagos, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)38.8 miles
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Notes
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.