House T1 for Sale, Lagos, Faro (Algarve)

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Property details

• District
  Faro (Algarve)
• County
  Lagos
• Locality
  Lagos

• Area
  220 m²
• Plot area
  220 m²
  

• Price
  370.000 €
• Energy Rating
  ND

• Property code
  C3983

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Description

Ground floor property with a backyard, with a licence for a restaurant and a house. There is also the possibility of constructing a new building.

The plot, measuring 220 square metres, allows for the construction of a building with a basement, three floors above ground level, with the possibility of an independent flat on each floor, and a swimming pool on the roof terrace. Alternatively, it is also possible to build a detached house or a restaurant/bar.

This property is located in a well-established residential area, just a few metres from the historic city centre of Lagos and all the amenities such as supermarkets, restaurants, cafés, traditional shops, boutiques, public transport and also the municipal and agrarian market, among other indispensable services such as pharmacies, a hotel, schools, etc. All these features make this an excellent investment opportunity.

The property is around 40 minutes from Faro International Airport, which can be reached quickly and easily via the A22 motorway. For golf lovers and golf enthusiasts, this property is just five minutes from the award-winning Palmares Ocean Living & Golf Resort and Boavista Golf & Spa golf courses.

Lagos is a picturesque coastal town located in the western Algarve region of southern Portugal. Known for its rich history, vibrant culture and stunning natural beauty, Lagos offers a unique blend of traditional charm and modern attraction, making it a favourite choice for those seeking a relaxing and laid-back lifestyle, for tourists and residents alike.

Whether you're attracted by its historic charm, natural beauty or laid-back lifestyle, Lagos offers something for everyone. From exploring its historic past to relaxing on pristine beaches or enjoying its dynamic cultural scene, this city is increasingly one of the most internationally favoured tourist destinations.

This is an extremely rare opportunity with huge investment potential. Currently set up as a restaurant/bar.

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Ref: C3983