Restaurant for sale
Algarve, Lagos, Portugal
- PROPERTY TYPE
Restaurant
- BATHROOMS
9
- SIZE
5,274 sq ft
490 sq m
Description
For more than three decades, this iconic property has been part of the soul of Praia da Luz. Within walls that once resonated with concerts, exhibitions and unforgettable gatherings, a true landmark was born, a place that welcomed generations from across the Algarve’s western coast. Today, this unique property is ready to open a new chapter, seeking a visionary investor to shape its future.
Located just 500 metres from the beach, its position is simply strategic. Here, history meets extraordinary potential : a setting perfectly suited for a fine dining restaurant, a boutique guesthouse, a wellness or medical clinic, or even an exclusive private club. The versatility of the space invites bold ideas and long-term vision.
With an active commercial license, the former restaurant room was thoughtfully renovated in 2016 and converted into a high-end two-bedroom apartment with one suite. The property extends far beyond with two independent studios, a one-bedroom apartment with a large terrace and sea view, and a charming independent one-bedroom cottage. Large French doors open onto a generous terrace overlooking the heart of the property, with a beautiful central garden and an esplanade full of potential. To the rear, a laundry room and small workshop add practical value.
For those thinking ahead, the construction of a swimming pool is feasible.
Spacious parking.
Set in the former fishing village of Praia da Luz, the property benefits from a steady flow of tourists, local residents and passers-by. Just minutes from Lagos and on the way to Sagres, it is surrounded by stunning beaches and several internationally renowned golf courses.
More than a property, this is a rare opportunity to continue a story with soul and create something truly exceptional.
Contact us today for more information and to schedule a visit !
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#ref: 53365
Algarve, Lagos, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)40.2 miles
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 53365) 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.