Investing in a property with beach access in the Algarve has never been easier with this unique offering in Meia Praia, Lagos. This two-storey house, just 160 metres from the beach, comes at a price of €950,000, presenting a solid investment opportunity. You can transform this former restaurant into a magnificent residential property featuring panoramic sea views, ideal for buyers looking for both lifestyle and investment potential. With a spacious living area, modern kitchen, and multiple private outdoor spaces, this home caters to all your needs. Being close to Lagos town means that you’ll have access to an array of amenities, shops, and recreational activities nearby. The area is also rich in leisure opportunities, including golf courses and stunning coastal walks. The forthcoming resort development next door could significantly uplift property values, enhancing your investment prospects. This is the perfect moment to invest in Algarve real estate. Seize the chance to claim your dream property. Contact us today to discuss your investment options!
• 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.
