Property details
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District
Faro (Algarve) -
County
Lagos -
Locality
São Gonçalo de Lagos
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Area
37 m²
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Price
110.000 € -
Energy Rating
ND
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Property code
A2134B
Description
This studio apartment located on the top floor (3rd floor), inserted in the heart of the historic center of Lagos, presents enormous potential for those looking for a renovation project with an excellent investment opportunity.
The apartment/studio consists of a living room/bedroom, kitchen, bathroom and a balcony, ideal for enjoying the Algarve climate. The building does not have an elevator. The property is in need of comprehensive rehabilitation works, offering the possibility of creating a modern and functional space, fully adapted to the preferences of the future owner.
There is a "PIP - Pedido de informação prévia" submitted to the Municipality of Lagos for the expansion of the interior space.
The property is located right in the center of the historic center, just a few steps from bars, restaurants, shops and various services. In addition, on the ground floor of the building there is a bar, reinforcing the proximity to urban life.
Investment Opportunity
Thanks to its privileged location and the growing tourist interest in Lagos, this T0 proves to be an excellent option for:
- Short-term rental, benefiting from high demand throughout the year;
- Long-term rental, ensuring stable income;
If you are looking for a property to transform and monetize, this is a rare opportunity in the historic center of Lagos.
REF: A2134B
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