1 bedroom Villa / House for sale in Praia da Luz, Lagos

Property For Sale in Lagos Portugal

Villa / House for sale in Praia da Luz, Lagos

An investment property with stunning 360º views. Located at the highest point of the ridge above Praia da Luz.

  • 1 bedroom
  • 2 bathrooms
  • 4,160m² of land
  • 559m² of living area
  • constructed in 1980
  • sea views, mountain views, country views
  • Energy label: E

625,000 EUR - SOLD
571,188 GBP*

General Property Description

A very unique and different property. This huge villa was built by a couple who lived there permanently. It has great potential for a large family home, commercial enterprise like B&B or turn it into a kind of nursing home. It easily could be transformed into 6-8 separate and independent units.

Property Layout

The access is a dead end road. On the basement are the service areas with huge garage for 5.6 cars, workshop, gymnasium, wine cellar, machinery room and more storage space. On the first floor a huge L-shaped lounge with open kitchen, maids area and a large entrance hall with decorative wooden staircases to 2nd and 3rd floor and immense roof terrace. Terraces in front of the lounge. On the 2nd floor a large bedroom, large bathroom, office and clothing room. On the third floor another small working area with kitchen and storage and a roof terrace over the whole house.

Property Extras

An ambitious project for the right person(s). As the property has not been occupied for the last 8 years it does not look too good but the right person will see the potential. A pool could be constructed if required and part of ground floor could be turned into living accommodation. There is also a large pigeon shed.

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Location Map of Praia da Luz in the Algarve, Portugal

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* GBP rates are indicative only. Rate last updated on 27/12/2020.
Villa / House reference: 110-VA
All listed properties on sale by Government Licensed Real Estate Agent
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