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Algarve, Lagoa, Portugal

£637,855
€725,000
Palm Properties, Carvoeiro
PROPERTY TYPE

Villa

BATHROOMS

11

SIZE

7,804 sq ft

725 sq m

Key features

  • Total area: 870 sqm
  • House area: 725,5 sqm
  • 11 bathrooms

Description

Unique Investment Opportunity: 11 Residential Spaces and 2 Commercial Spaces l Lagoa

Atrium Residence is a visionary project that breathes new life into a historic building in the heart of Lagoa, offering a harmonious fusion of heritage and modernity. Fully approved by the Municipal Council, the project includes eleven apartments — six one-bedroom and five two-bedroom units — as well as two commercial spaces. It is available exclusively for purchase as a one-time project. Located within an Urban Rehabilitation Area (ARU), the project also benefits from a reduced VAT rate of 6% on construction.

The project is located in Lagoa, part of the Algarve region in southern Portugal, known for its stunning natural beauty and diverse environment. This coastal area boasts stunning cliffs, secluded coves, and pristine beaches, offering excellent opportunities for water sports and exploration. The rich biodiversity of the region includes parks and nature reserves, which are home to a wide variety of flora and fauna. Lagoa is also famous for its vineyards and agricultural landscapes, with its Mediterranean climate supporting the production of high-quality wines. Recent efforts focus on sustainable tourism to preserve Lagoa's unique cultural and environmental heritage while promoting eco-friendly practices.

Located on *Red Street*, one of the main streets in the city centre, this development provides residents with convenient access to a variety of services and commercial establishments, ensuring a comprehensive urban experience.

Don't wait any longer for this unique investment opportunity – Contact our team or come have a coffee at our office, inside the Apolónia Lagoa Supermarket, to tell you all about this project!
REF: L30090

Algarve, Lagoa, Portugal

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    28.4 miles

Advice on buying Portuguese property

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

About Palm Properties, Carvoeiro

EN124 Poço Partido (300 m. from Intermarché Carvoeiro, right hand side in direction of Carvoeiro) 8400-557

Welcome to Palm Properties

Palm Properties is an IMOPPI registered Real Estate Company, established in 2003 to satisfy the demand for a first-class yet straight-talking property trading business.

Located in the picturesque fishermen's village of Carvoeiro - Algarve - Portugal, a highly sought-after destination for tourists, investors, and property seekers alike, Palm Properties specialise in unique and outstanding properties throughout the Carvoeiro region, offering an extensive selection of future homes or investments to suit all tastes, needs and budgets.

Whilst Carvoeiro offers the best of the Algarve on you doostep - beautiful beaches, age-old traditions, excelent cuisine, colourful nightlife, and supreme golf courses - Palm Properties offer some of the region's most extraordinary properties in equally extraordinary locations.

With a refreshing attitude towards Real Estate trading, the company offer a clean and ethical, no-strings-attached and no hidden extras service, being one of the most time and cost effective available, and always putting their clients first.

The multi-lingual team consists of highly qualified and experienced individuals, who strive to excel in all areas, all of successful backgrounds and all being privileged with a profound insight of the region and business in which they operate. The Palm Properties office itself reflects the company's ever-rising standards of good-taste, organisation and presentation.

Why not visit the comfortable premises and discoverfirst-hand what Palm Properties can do for you, your property, and your future. Situated just a 100 meters from the beach. Open Monday to Friday, 09h30 to 17h30, Saturday 09h30 to 13h30, and Sunday by appointment.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Palm Properties, Carvoeiro (reference 205085_L30090) 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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