Algarve, Lagos, Portugal
- PROPERTY TYPE
House
- BEDROOMS
3
- BATHROOMS
7
- SIZE
3,800 sq ft
353 sq m
Key features
- Bedrooms: 3
Description
- Set on a generous plot of 3,400 m², this property represents a rare opportunity in one of the most valued locations in Lagos
- Currently configured for tourist exploration, it is spread over 18 independent units, including studios, T1 and T2 apartments, all equipped with kitchen, private bathroom, air conditioning and access to outdoor spaces
- The complex also benefits from a swimming pool, gardens and large common areas, offering a solid foundation for a large-scale rehabilitation project
- The property needs significant intervention, allowing the future owner to develop a concept fully adapted to the current requirements of the residential or tourist market
Surroundings
- Located in the prestigious area of Atalaia, the property benefits from a quiet setting and low building density, just a few minutes from the Boavista Golf Course, Porto de Mós Beach and the historic centre of Lagos
- Faro International Airport is approximately one hour away, with quick access via the A22
Strengths
- Potential for tourist development, boutique hotel, retreat or luxury residence
- Swimming pool, gardens and large outdoor spaces
- Proximity to beach, golf, marina and urban centre
- Excellent opportunity for investors looking for a project with high potential returns
A differentiating proposition for investors, location and potential for value creation in one of the strongest real estate markets in southern Europe.
Energy Rating: Exempt
#ref:VM1214
Algarve, Lagos, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)41.0 miles
Advice on buying Portuguese property
Learn everything you need to know to successfully find and buy a property in Portugal.
Notes
This is a property advertisement provided and maintained by Mimosa Properties, Lagos (reference 291452_26026228) 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.