Your Property Specialists
Project
Full Screen

How much does a renovated villa with a potential indoor pool cost in the Algarve?

Villa in Lagos

ref. LE2362
11.810.969NOK
  • C
  • 3
  • 5
  • 156m2
  • 500m2

This beautifully renovated villa in Lagos is available for £995,000, offering an exceptional investment opportunity in the Algarve. The property already provides 3+ bedrooms and 5 bathrooms, but the plans you can take advantage of will transform the lower level into an even more luxurious space with an indoor pool measuring 36m². Perfect for those looking to make an investment, the villa's renovations also include additional planned bedrooms, increasing living area from 156.23m² to approximately 365m². Located just minutes from the stunning beaches and the heart of Lagos, you're in proximity to the vibrant lifestyle this part of the Algarve offers. The outdoor terraces are perfect for entertaining and provide panoramic views of the city. Additionally, with air conditioning and underfloor heating throughout, comfort is guaranteed year-round. This villa is not just a residence; it's a chance to enter the lucrative holiday rental market, with plenty of demand in this sought-after area. If you're interested in a property that perfectly combines modern living with investment opportunities, reach out to us for more details today!

Usage
Residential
Type
Villa
Town
Lagos
Parish
Lagos (São Sebastião e Santa Maria)
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
2008
Renovation Year
2024
Rooms
7
Bedrooms
3
Bathrooms
5
Floors
3
Furnished
Negotiable
Living Area
156 m²
Usable area
663 m²
Plot Area
500 m²
Tarmac, Driveway, Easy Access
Garage
Lounge/Dining
Balcony/Terrace
Fully Fitted, Fully Equipped
Storage, Basement, Music Room, Utility Room, Attic
Fitted Wardrobe
1 Family Bathroom, 1 Shower room, 3 Bathrooms
Under floor heating, AC
Cable/Satellite TV, Internet/Phone, Intercom, Pre-Installed Solar, Boiler
Mains electric, Mains water, Mains drainage
Double glazing, UVA Protection, Manual Shutters/Blinds
Panoramic View, Countryside View
• 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
Enquire Now   +