Investing in this beautifully renovated villa in the Algarve, priced at €995,000, is a brilliant opportunity for anyone looking to enter the property market in this desirable region. Situated just 2km from breathtaking beaches and 5km from the historic centre of Lagos, this villa is designed with buyer potential in mind. The property already features plans for significant expansions, including an indoor pool and up to five additional en-suite bedrooms, making it perfect for commercial use as a guesthouse or boutique hotel.
The villa encompasses a spacious 156.23m² living area and boasts five modern bathrooms, ideal for accommodating family and friends. Enjoy the underfloor heating and air conditioning throughout, creating a comfortable environment all year round. The vibrant courtyard and multiple terraces provide lovely outdoor spaces for relaxation or entertaining.
The lower level is equipped with a fully prepped gym and studio, offering both leisure and future income potential. With the enhancements underway, this villa promises to increase in value, providing investors with an excellent return on investment. The location is not only convenient for enjoying the local beaches but also accessible to amenities, schools, and transport links.
This villa combines lifestyle, luxury, and investment potential seamlessly, making it a must-see. Don't miss the chance to secure your investment in the Algarve. Contact us today to explore the possibilities!
• Living area 156,23m², Construction area 663,84m²
• Plot 500m²
• 3+ Bedrooms, 5 Bathrooms
• Construction 2008, Renovation 2021-2024
• Underfloor heating and AC (thermostat)
• Furnishing negotiable
• 2km from the beach
Situated in a good location - not far from the city centre of Lagos, the marina and beaches. The lower level of the property has been renovated from scratch. It offers 2 huge rooms with AC prepared for multi-functional usage (more than 100m² each) with a gym/studio, a music studio, separate bathrooms with a heatpump installed for underfloor heating and pre-installation for solar energy. The attic is prepared to convert and the project for expansion is approved by the camara and in progress.
Project includes:
• Increase of living area from 156.23 to approx 365m²
• Indoor pool of 36m²
• Attic conversion to 5 en-suite bedrooms
• Common room + roof terrace
The property currently comprises:
Entrance Level – First Floor, Renovated
• Entrance hallway
• Living/dining room with patio doors
• Modern kitchen opening to terrace
• 3 double bedrooms with patio doors
• Large utility room currently used as guest bedroom
• 1 shower room and 1 bathroom
Lower Level - Ground Floor, Renovated
• 2 huge multi-purpose rooms more than 100m² each with AC & heating pre-installation
• T0 apartment with shower room & separate entrance
• 2 large bathrooms
• Gym/fitness room with patio doors
• Music studio with technical room
• Storage
• Single Garage
Attic
• Total area 147m² with pre-installation of plumbing, electrics, water
• Technical room with heatpump, tanks, ventilation (for all 3 levels)
• Terrace
External
• Fully walled, low maintenance courtyard
• Driveway and garage
• Stairs ascending to entrance level
• Multiple terraces
This villa is a perfect holiday property and also ideal for permanent liivng. With the project - it could offer many options and also accommodate guests commercially.
Amenities
• Tinted double glazing
• Satellite TV/Internet
• Underfloor heating and AC throughout
• Pre installation for Solar water and electricity
• Mains utilities
• Pre-installation in areas for project
Location
• Distance to beach: 2km
• Distance to Golf: 4.8km
• Distance from Airport: 84km
• Distance to nearest school: 2.4km
• Distance into centre of Lagos: 5km
