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Praia da Luz
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How much does a family villa in the Algarve with renovation potential cost?

Villa in Luz

ref. LW2398
607.767CHF
  • C
  • 3
  • 3
  • 145m2
  • 565m2
  • Alojamento Local

Looking for a family villa in the Algarve that offers renovation potential? This 3-bedroom bungalow in Praia da Luz is now available for €650,000 and presents a fantastic investment opportunity. With 145m² of living space and a spacious plot of 565m², this property allows you the freedom to create your dream home while also capitalising on its existing rental licence. Located just a short distance from stunning beaches, this villa offers both comfort and convenience in a peaceful neighbourhood. The property requires some renovations, making it perfect for those looking to personalise their living space. You'll also find a converted garage, currently serving as guest accommodation, adding flexibility for family and friends. The surrounding area is rich with local amenities, including shops, restaurants, and golf courses, ensuring a vibrant community. Take advantage of the growing rental market as this villa boasts potential for strong returns. Discover the possibility of living in a beautiful part of the Algarve while making an investment in your future. Reach out to us for more information and to schedule your viewing!

Usage
Residential
Type
Villa
Town
Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1994
Rooms
5
Bedrooms
3
Bathrooms
3
Floors
1
Furnished
Partly
Living Area
145 m²
Surface area
175 m²
Plot Area
565 m²
Tarmac, Driveway
Garage, Driveway
Lounge/Dining
Terraces
Fully Fitted, Rustic
Other Rooms 1
Storage, T0 Annex
Other Rooms 2
Kitchenette
Fitted Wardrobe, Dressing Area
1 Family Bathroom, 1 En-Suite
Cable/Satellite TV, Internet/Phone
All mains, Gas Bottle
Double glazing, Aluminium, Manual Shutters/Blinds
Walled, Trees
Roof Terrace
Countryside View
• Living area 145m², Construction area 175m²
• Plot 565m²
• 3+1 bedrooms, 2+1 bathrooms
• Garage used as guest accommodation
• Roof terrace with countryside views
• Quiet location
• Requires some renovation
• 3km from the beach

This single-storey, 3-bedroom house is located in a quiet residential area of ​​Praia da Luz and is perfect for those looking for a business opportunity or a family home. The traditional property boasts a spacious living area, three bedrooms, and two bathrooms, as well as a lovely outdoor area. The main house has a successful rental license. The property also features a fenced garden and unobstructed views over Praia da Luz and the surrounding area. Furthermore, the garage was converted and is currently used as additional space for guests or family.

Internal
• Spacious living area with fireplace
• 3+1 bedrooms with fitted wardrobes (one used as an office)
• Separate kitchen
• Garage converted into an annex

External
• Fenced garden
• Carport
• Terrace with countryside views

Amenities

• Garage converted into guest annex
• Fireplace
• Fenced garden
• Water and electricity connections
• Double glazing with shutters

Location

• Distance to the sea: 1.1 km
• Nearest beach: 3.1 km
• Nearest golf course: 7.6 km
• Faro Airport: 93 km
• Nearest school: 130 m
• Nearest town (Luz): 2 km
• Close to several private (international) schools

Other Info

The garage is registered on the plans as a garage, but not as a converted annex.
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