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COMMERCIAL

Algarve, Lagos, Portugal

€435,000
Marcela Real Estate, Lagos
PROPERTY TYPE

Commercial Property

BEDROOMS

1

BATHROOMS

1

SIZE

1,216 sq ft

113 sq m

Key features

  • 1 bedrooms
  • House area: 113,6 sqm
  • Air conditioning
  • 1 bathrooms
  • Construction year: 2011

Description

Excellent commercial/service space with the potential for conversion into residential use, located in a central area of the Historic Center of Lagos.

The property consists of an entrance hallway leading to a living room (with the potential to be divided into two separate spaces), a fully equipped kitchen, a bathroom, and a second room/exhibition/service area, which could in the future be adapted into a bedroom. It also features a pleasant interior patio with a small garden, ideal for relaxing moments where you can enjoy peace and fresh air.

Set on the ground floor of a building, the property has a total area of 113.6 m².

Subject to project approval and the necessary licensing, there is the possibility of converting and legalizing the property for residential use, transforming it into a charming one-bedroom apartment in the historic center of Lagos. A Prior Information Request (PIP) process is currently underway, awaiting the opinion of the City Council regarding the conditions for this change of use. The property is being sold in its current condition and state, and it will be the responsibility of the new owner to carry out the change of use for residential purposes.

Given its excellent location, the property offers enormous potential for a variety of businesses and services, such as a medical practice, surf shop, or art gallery, allowing the combination of workspace, exhibition area, and even residential living all in one place.

Take advantage of this unique investment opportunity on one of the city’s busiest streets, close to all services, restaurants, and bars, and within short walking distance of Praia da Batata.

Schedule your visit today — you will certainly appreciate this space in the heart of Lagos.

REF: N382
REF: N382

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_N382) 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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