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COMMERCIAL

Algarve, Lagos, Portugal

€370,000
Marcela Real Estate, Lagos
PROPERTY TYPE

Commercial Property

BEDROOMS

1

BATHROOMS

3

SIZE

1,076 sq ft

100 sq m

Key features

  • 1 bedrooms
  • Total area: 220 sqm
  • House area: 100 sqm
  • 3 bathrooms
  • Construction year: 1977

Description

Commercial building, currently existing as a restaurant/bar, in need of total renovation, very well situated just a few metres from the city centre and various essential amenities such as public transport, supermarkets, shopping arcades, shops, the city market and the farmers market.

This ground-floor commercial property is set on a 220 m2 plot and has a backyard ideal for transforming into a grill terrace or event/entertainment space. The restaurant seats 50 people.
Located in a well-established residential area, with easy access and parking for a few cars on the doorstep, the potential of this property is immense.

With a licence for commerce and also possibility for the construction of a building with a basement and 3 floors above ground with a swimming pool on the roof terrace, which could be one flat per floor, a detached house or even a restaurant, bar or shop, this is a unique opportunity for those looking for a business with added accommodation.

The property is around 40 minutes from Faro International Airport, which can be reached quickly and easily via the A22 motorway.

Lagos is a picturesque coastal town located in the western Algarve region of southern Portugal. Known for its rich history, vibrant culture and stunning natural beauty, Lagos offers a unique blend of traditional charm and modern attraction, making it a favourite choice for those seeking a relaxing and laid-back lifestyle for tourists and residents alike.

This is an unmissable opportunity with huge investment potential.

Don't hesitate to make an appointment to visit this property today!

Ref: N365
REF: N365

Algarve, Lagos, Portugal

Approximate location

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About Marcela Real Estate, Lagos

Rua 25 de Abril, n 31, Lagos, 8600-763, PORTUGAL

Marcela Real Estate is a company specializing in the Western Algarve.

Driven by the Algarve's lifestyle and culture, we have become specialists in the local property market for over 30 years, always keeping our commitment to clients and friends to find the right realty solution for those who want to enjoy the Algarve.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Marcela Real Estate, Lagos (reference 286307_N365) 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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