Algarve, Lagos, Portugal
- PROPERTY TYPE
House
- BEDROOMS
5
- BATHROOMS
3
- SIZE
2,443 sq ft
227 sq m
Key features
- Near the beach
- Near green areas
- Bedrooms: 5
- Near public transportation
Description
FEATURES
Built
- 2 detached villas
- 1 independent warehouse with T2 annex
- 505 m² of indicated gross construction area
- 227.45 m² of living space
- Licensing for single-family housing indicated for one of the houses
- Commercial licensing indicated for the other villa
Outdoor spaces
- Urban land with 732.5 m²
- Rustic land with 1,099 m², located in front of the property
- Garden
Area with potential for swimming pool implementation, subject to applicable authorisations
SURROUNDINGS
- The proximity to Meia Praia, about 200 meters from the sea, is one of the main attributes of this property
- The surroundings also benefit from the proximity to the Palmares Golf Course, reinforcing the interest of the location
- The combination of proximity to the beach, golf and the size of the complex gives the property particularly interesting characteristics for those looking for a real estate asset with potential for appreciation
STRENGTHS
Due to its composition and location, this real estate complex can be considered for different strategies, namely:
- Rehabilitation and real estate enhancement, adapting the spaces to the needs of the future owner
- Housing project, subject to urban conditions and applicable licensing
- Commercial or catering operation
- Tourist accommodation project
- Mixed-use concept, combining different functions
- Complementary use of the rustic land in front, whose possible use for parking, leisure, paddle tennis courts or other purposes
- The possibility of implementing a swimming pool and the use of outdoor spaces are other aspects to be evaluated within the scope of a possible rehabilitation or enhancement project
AN OPPORTUNITY FOR THOSE WHO KNOW HOW TO RECOGNISE POTENTIAL
Come and see this property and discover the opportunities it can offer.
Energy Rating: F
#ref:VM1240
Algarve, Lagos, Portugal
NEAREST AIRPORTS
Distances are straight line measurements- Faro(International)38.7 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_26785412) 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.