The Algarve Property Specialists
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Excellent investment opportunity in the center of Lagos

Apartment in Lagos

ref. LG1407
795.000€
  • C
  • 7
  • 248m2

This property is an excellent investment in an ideal location right in the historic center of Lagos consisting of ground floor commercial space and ground floor and first floor habitation. The property has been renovated and is ideal for anyone looking for investment, plus the possibility to extend further.

Usage
Residential
Type
Apartment
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1951
Renovation Year
2019
Rooms
18
Bedrooms
7
Floors
2
Living Area
248 m²
Usable area
307 m²
Tarmac, Cobblestones
Car Park
Fully Fitted
Double glazing, Manual Shutters/Blinds
Town View
• Ground Floor commercial, 1st Floor habitation
• Many possible applications
• Construction year - Pre-1951
• Recently restored
• Historic city center location

This investment property is an amazing opportunity to obtain prime central Lagos commercial and residential space that also has a project submitted for further extension and roof terrace.

The block is being restored to a very high standard whilst also maintaining the character of the property. The developer is beginning with renovations to the ground and first floor. The current areas of this are (commercial and habitation).

• Ground and First Floor Living area Approx: 248m2
• Ground and First Floor Construction area Approx: 307m2

This is the perfect opportunity to create rentals/business in an excellent sought-after location.

Seen to be believed!

Amenities

Mains Electric, water and drainage
Double Glazing

Location

• Distance to Beach: 280 metres (Praia da Batata)
• Distance to the sea: 280 meters
• Distance to Golf: 1.77 km (Boavista)
• Faro airport 87.4 km
• Distance to Lagos town centre: 0 km

Other Info

Number of bedrooms will depend on client's configuration.