The 2-bedroom farmhouse in Lagos presents various investment opportunities, making it a prime choice for buyers focused on property potential. Priced at €495,000, this farmhouse requires renovation but boasts a vast plot of 3.6 hectares, making it suitable for agricultural ventures or rural tourism. Investors can tap into the growing trend for farm stays and eco-tourism due to its proximity to Meia Praia beach and the attractive Lagos town centre just 3 km away. The land is beautifully arranged with terraced areas and flourishing fruit trees, appealing for those interested in organic farming or a hobby farm. With the right planning permissions, the property can be expanded from its current living space of 76 m² up to 300 m² or 600 m² for tourism marketing. Moreover, recent renovations can add significant value and enhance rental income potentials. Given the stunning views of the Serra de Monchique, the picturesque setting enriches the property's appeal. The possibility for various usages, including housing livestock or operating a bed and breakfast, provides multiple pathways for returns on investment. For buyers seeking to merge rural lifestyle with viable income, this farmhouse holds exciting potential!
• 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
