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Algarve, Lagos, Portugal

€1,800,000
Portugal Sotheby's International Realty, Carvoeiro
PROPERTY TYPE

Block of Apartments

BEDROOMS

6

BATHROOMS

4

SIZE

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Description

Located in the heart of Lagos, close to the marina and surrounded by restaurants, shops, and services, this fully renovated building comprises three two-bedroom apartments and one commercial unit. It represents an investment opportunity in one of the Algarve’s most sought-after locations, combining multiple income streams within a single asset.

With a gross construction area of 476.4 square metres and a private gross area of 436.5 square metres, the building is presented in good condition. The various units offer a total of six bedrooms and four bathrooms, allowing for a diversified operation adapted to market demand.

The apartments have demonstrated consistent profitability and benefit from excellent guest reviews. In addition to the residential component, the commercial unit and private parking spaces also generate income, further enhancing the investment potential of the property.

The building also benefits from a private terrace, providing additional outdoor space.

Situated in one of the most desirable areas of Lagos, the property is close to supermarkets, schools, healthcare facilities, local shops, and a wide range of restaurants. The Lagos Marina and waterfront are within walking distance, adding further appeal to the location.

The proximity to the region’s main road networks and the railway station ensures convenient access to other areas of the Algarve. The combination of a central location, proven profitability, and multiple revenue sources makes this building an attractive option for investors seeking a property with strong appreciation potential.

Algarve, Lagos, Portugal

Approximate location

NEAREST AIRPORTS

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

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About Portugal Sotheby's International Realty, Carvoeiro

Rua do Povo do Burro, n.º 3 8400-502 Carvoeiro

Artfully uniting extraordinary homes with extraordinary lives

Notes

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This is a property advertisement provided and maintained by Portugal Sotheby's International Realty, Carvoeiro (reference 106260092) 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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