For savvy investors seeking opportunities in rural properties, this farmhouse in Lagos presents remarkable potential. Priced at €495,000, this 3.6-hectare property is poised for growth, especially as the demand for rural tourism continues to rise in the Algarve region. The farmhouse can be renovated and expanded, offering options for both a family residence or a lucrative rental project. The diverse landscape features terraced areas and numerous fruit trees, providing a sustainable farming base or a unique agritourism setting. Investors will appreciate the location's accessibility—just 3km from pristine beaches and a short distance from local amenities in Lagos. The solid structure of the farmhouse is ready for your renovation vision, with additional outbuildings available to support farming activities. Additionally, there is the potential for development up to 600m² for tourism-related projects, making it a lucrative investment route. The property also benefits from mains water and electricity, simplifying renovation efforts. This is an ideal opportunity for buyers looking to expand their portfolio in a thriving area—reach out now to explore the possibilities!
• Living Area 76m²
• Plot Area 3.6ha
• Year of Construction Pre-1951
• 4 Divisions
• Possibility for expansion, with approval
• Distance from beach 3km
This Portuguese 2-bedroom stone farmhouse sits within 3.6 hectares of mixed land, consisting of a flat part of approx. 1.7ha with separate entrance (ideal for horses) which can be used as pastureland. Over half of the property is built in terraces with various fruit trees, including figs, olives, almonds, tangerines, grapes and oranges and many more as well as an irrigation system. A well, water tank, bread oven, and outbuildings, and could be ideal for many purposes like, touristic projects or agriculture. The views of the countryside and the Serra de Monchique are breathtaking. This property could be ideal (with the right planning permission to expand the living space to 300m² or for tourism purposes up to 600m²) for a large family, a working farm, or even a farm with rentals and animals. Sun exposure all day from sunrise to sunset. A viewing is highly recommended!
The house consists of:
• 4 Divisions
• Separate bathroom
Outside:
• 2 Stone outbuildings & animal barn next to the main house
• 5-6 tiers and approx 17,000m² of flat land
• Bread Oven
• Water pump
• Well ( registered )
• 8x8 water tank
Amenities
• Connection to mains water and electricity
• Well with pump
• 2 Entrances
• Fenced land
Location
• 3km from the Beach (Meia Praia)
• 1.7km from the marina
• 3km to Lagos centre
• 4.8km to nearest golf course (Boa Vista)
• 2.9km to nearest school
• 89km to Faro Airport
Other Info
Requires a complete renovation for various usage models
