Investing in a property near Meia Praia beach is highly accessible with this unique two-storey house now available for sale. Located just 160 metres from the beach, this property presents an exceptional opportunity for buyers looking to capitalise on Lagos's booming real estate market. With a price tag of €950,000, the potential for rental income from vacationers seeking coastal retreats is significant, making this a smart investment decision. The property is already equipped with a habitation license, streamlining the transition from acquisition to rental use. The flexible space includes generous living areas and a large basement, offering possibilities for conversions tailored to modern needs, such as guest suites or recreational spaces. The surrounding locale offers attractions like shops, restaurants, and outdoor activities, enhancing its rental appeal. Further increasing value, a new high-spec resort is set to join the neighbourhood, promising to elevate the area’s profile. With proximity to Lagos’s vibrant community and the stunning coastline, investing in this property means securing not just a home but a lifestyle. Act quickly and contact us to explore this investment opportunity before it slips away!
• Living Area 176 m2
• Construction Area 339 m2
• Plot 213 m2
• Master Bedroom
• Private Terraces
• Private Decking area
• Distance to the Beach 160 m
Situated across from Meia Praia beach, this property boasts wonderful features, including fully glass patio doors on two sides on the ground floor and glass-enclosed terrace on the first floor, ideal for enjoying the panoramic sea views in all seasons. The outside areas offer a ground floor wrap around terrace and a raised private deck area that could accommodate a bbq and jacuzzi area. The existing rooms could be transformed into a large master bedroom with en-suite, an open planned living area, overlooking the sea and a large kitchen and dining area with wrap around balcony overlooking the decking area. In Addition, there is a large basement which could be transformed into different areas, (office, wine cellar, gym ) as well as an additional room to be used as a guest room / office space.
The property consist of:
Ground level - Upon Entrance
• Entrance hall
• Bar and dining area with glass patio doors
• Male and female toilets
• Office / kitchen space leading to outdoor wraparound terrace
First Floor
• Large Industrial kitchen and serving area ( Master Bedroom and en-suite )
• Open planned living area
• Fully glassed internal terrace
Outside Areas
• Wrap around back terrace
• Raised decking area
• Wrap around front balcony
• Private parking
Amenities
• Private Terraces
• Double Glazing
• Air Conditioning 3 in 1
• 2 car spaces in garage and parking spaces outdoor
• Fire alarm
• Combo water heating
• Resort facilities ( reception and pool )
Location
• 160 m from the Beach ( Meia Praia)
• 2.9 km to Lagos town
• 3.5 km to nearest golf course ( Palmares )
• 2 km to nearest school
• 82 km to Faro airport
Other Info
The property will also benefit from a new high spec resort as its neighbour which is estimated to take 2 years to complete. Once finished the resort will have 2 tiers of modern hotel and apartments and to the side of the property, it will have manicured lawns.
