Investing in this country villa with an annex near Lagos is a fantastic opportunity. Featuring 4 bedrooms and an expansive 7920m² plot, this villa, available for €640,000, offers the potential not just for a family home but also for a profitable rental or B&B business. The annex provides additional space that could be transformed into guest accommodation, enhancing your investment's allure. Located just 10 km from Lagos and 13 km from Portimão, this property is ideal for those seeking to tap into the thriving tourism market in Algarve. The lovingly maintained garden, private terraces, and swimming pool create a serene setting that will attract holidaymakers. Also, with its proximity to local amenities and stunning beaches, investing here means stepping into a vibrant lifestyle. Consider the alternatives for renovation that elevate the property value significantly. This property not only serves as a lovely retreat but also holds great promise for future rental income. Explore this unique investment opportunity and contact us today for further details!
● Living area 217m², Construction area 217m²
● Plot 7920m²
● Year of construction 1989
● 4 Bedroom, 3 Bathrooms
● Private terraces
● Annex
● Distance to the beach 7,8km
This 4 bedroom country retreat has great potential and, with some love, attention and renovation could be the secluded dream home you have always wanted. Built in 1989, this property has an open plan layout, beautiful country views, private terraces and gardens which, with some investment into renovation offers potential as a large family home, smallholding or future opportunity as a possible B&B with the approved application by the new owner.
The property consists of:
Ground Floor
• Entrance hall
• Living/dining room with patio doors.
• Fitted and equipped open-plan kitchen
• 2 double bedrooms (1 with en-suite bathroom)
• 3rd bedroom/Study
• Family bathroom
• Patio doors to a balcony and staircase
First Floor
• Double bedroom
• En-suite bathroom
• Patio doors to a large terrace and stairs
Outside Areas
• Terraces
• BBQ
• Bread ovens
• Large natural garden
• Swimming pool and tiled surround
• Large annex
• Pergola
• Garage
Amenities
• Mains electric and water
• Septic tank
• Single glazing with manual shutters
Location
• 7.8km from the Beach
• 7km to the Sea
• 6.4km to nearest golf course (Penina)
• 3.3km to nearest school
• 75.9 km to Faro airport
• 3km to Nearest town (Mexilhoeira Grande)
•10km Lagos/13km Portimao
Other Info
• Pool, garage, annex and pergola are not registered.
• Property has a public right of way and water course, which must be maintained.
