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Algarve, Lagos, Portugal

€1,600,000
Mimosa Properties, Lagos
PROPERTY TYPE

House

BEDROOMS

10

BATHROOMS

8

SIZE

3,714 sq ft

345 sq m

Key features

  • Near the beach
  • Bedrooms: 10
  • Garage

Description

Excellent investment opportunity just minutes from Praia da Luz.
Inserted in a plot of 3,400 m², it has 10 rooms distributed between the main residence and several independent accommodation units, including studios and apartments. Currently licensed for Local Accommodation and in full operation, it allows immediate return for those looking to invest in the tourism sector.

FEATURES
Main Floor (Ground Floor)
- Entrance hall
- 3 bedrooms, 1 en suite
- 2 full bathrooms
- Large living and dining room in open space, both with fireplace
- Equipped kitchen
- Pantry
- Direct access to outdoor areas
Lower Floor
- Independent entrance
- Interior connection to the main dwelling
- 3 independent studios
- 1 1 bedroom flat
- 1 2 bedroom flat
- 1 Full bathroom
- Collections
Exterior
- Land with 3,400 m²
- Garden and lawn areas
- Jacuzzi
- Barbecue area
- Outdoor parking for several vehicles
- Solar panels for energy production
- Space for swimming pool construction

SURROUNDINGS
- Panoramic views over the countryside and the mountains
- Quiet and private setting
- Just 5 minutes from Praia da Luz and Burgau
- About 10 minutes from Lagos

STRENGTHS
- Ideal for tourist exploration or local accommodation, active Local Accommodation License (AL)
- Attached land with multiple possibilities of use
- Recently renovated
- Excellent monetisation potential
- Possibility of combining own housing and tourist business
- Privileged location in one of the most sought-after areas of the Algarve

A unique opportunity for own housing, tourist investment or accommodation business with immediate income.
Book your visit now!
Energy Rating: D
#ref:VM860

Algarve, Lagos, Portugal

Approximate location

NEAREST AIRPORTS

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

Advice on buying Portuguese property

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

About Mimosa Properties, Lagos

For 20 years based in Lagos, MimosaProperties has been active in the areas of buying, selling, renting, and property management. By focusing on quality and precision, combined with our experience and knowledge, we offer an exclusive real estate mediation service in the Western Algarve region.

We are an agency managed by a multilingual team, specialized in property sales and acquisitions, with deep knowledge of the local market. Our methodology is based on personalized service, ensuring our clients a completely transparent and professional experience.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Mimosa Properties, Lagos (reference 291452_26678705) 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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