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

595,000 EUR - UNDER CONTRACT
543,771 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.

Property Email Notification

Want us to notify you when we have a new property matching your criteria in our books? If so let us know what you are looking for by registering for our property email notification.





Login


Keyword Search

Location Map of Praia da Luz in the Algarve, Portugal

Also view Map of Portugal
* 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
Copyright © 2021 Algarve Real Estate. All Rights Reserved.