Shop for Sale, Lagos, Faro (Algarve)

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Property details

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

• Area
  113 m²

• Price
  435.000 €
• Energy Rating
  ND

• Property code
  N382

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Description

Excellent commercial/service space with the potential for conversion into residential use, located in a central area of the Historic Center of Lagos.

The property consists of an entrance hallway leading to a living room (with the potential to be divided into two separate spaces), a fully equipped kitchen, a bathroom, and a second room/exhibition/service area, which could in the future be adapted into a bedroom. It also features a pleasant interior patio with a small garden, ideal for relaxing moments where you can enjoy peace and fresh air.

Set on the ground floor of a building, the property has a total area of 113.6 m².

Subject to project approval and the necessary licensing, there is the possibility of converting and legalizing the property for residential use, transforming it into a charming one-bedroom apartment in the historic center of Lagos. A Prior Information Request (PIP) process is currently underway, awaiting the opinion of the City Council regarding the conditions for this change of use. The property is being sold in its current condition and state, and it will be the responsibility of the new owner to carry out the change of use for residential purposes.

Given its excellent location, the property offers enormous potential for a variety of businesses and services, such as a medical practice, surf shop, or art gallery, allowing the combination of workspace, exhibition area, and even residential living all in one place.

Take advantage of this unique investment opportunity on one of the citys busiest streets, close to all services, restaurants, and bars, and within short walking distance of Praia da Batata.

Schedule your visit today you will certainly appreciate this space in the heart of Lagos.

REF: N382