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Investment Opportunity: One Level Detached Villa with Annex in Luz, West Algarve

Villa in Luz

ref. LW2398
650.000€
  • C
  • 4
  • 3
  • 145m2
  • 565m2

This one level traditional villa in the popular holiday destination of Luz is divided in two parts. The garage is transformed into a successful guest annex. The main villa with three bedrooms and two bathrooms is ready for the next owner to put their own stamp on. Close to schools, amenities and the beach, this can also be a great investment for a family to live and profit.

Usage
Residential
Type
Villa
Town
Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1994
Rooms
5
Bedrooms
4
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, Office/Study
Other Rooms 2
T1 Annex, Kitchenette
3, Fitted Wardrobe, Dressing Area
2 Family Bathrooms
Cable/Satellite TV, Internet/Phone
All mains, Gas Bottle
Double glazing, Aluminium, Manual Shutters/Blinds
Walled, Trees
Roof Terrace
Countryside View
• Living area 145m², contruction area 175m²
• Plot 565m²
• 3 bedrooms, 2 bathrooms in the main house
• T1 annex in the garage
• Fireplace
• Quiet location
• 3km from the beach

This one level villa situated in a quiet area in Luz is perfect for those seeking a business opportunity. One part of the villa has already been transformed into a successful guest annex.
The traditional main house has a separate entrance with a generous living area, three bedrooms and 2 bathrooms.
The property has also a walled garden and great wide views over Luz and surroundings.

Amenities

• Garage transformed into separate annex
• Fireplace
• Walled garden
• Rooftop terrace with wide views
• Mains water and electric
• Close to several private (international) schools

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: 130m
• Nearest town (Luz): 2 km
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