Shop for Sale, Lagos, Faro (Algarve)

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Property details

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

• Area
  100 m²
• Plot area
  220 m²
  

• Price
  370.000 €
• Energy Rating
  ND

• Property code
  N365

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Description

Commercial building, currently existing as a restaurant/bar, in need of total renovation, very well situated just a few metres from the city centre and various essential amenities such as public transport, supermarkets, shopping arcades, shops, the city market and the farmers market.

This ground-floor commercial property is set on a 220 m2 plot and has a backyard ideal for transforming into a grill terrace or event/entertainment space. The restaurant seats 50 people.
Located in a well-established residential area, with easy access and parking for a few cars on the doorstep, the potential of this property is immense.

With a licence for commerce and also possibility for the construction of a building with a basement and 3 floors above ground with a swimming pool on the roof terrace, which could be one flat per floor, a detached house or even a restaurant, bar or shop, this is a unique opportunity for those looking for a business with added accommodation.

The property is around 40 minutes from Faro International Airport, which can be reached quickly and easily via the A22 motorway.

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.

This is an unmissable opportunity with huge investment potential.

Don't hesitate to make an appointment to visit this property today!

Ref: N365